Owner Financing is Available!
Business Overview:
This is a Joint Adventure with includes these highlights.
Well electric is paid by operator.
Legal fees for title in your name included in price.
All permits & fees are already paid for by existing company.
All repairs for the life of the well are paid by the operator.
The company pays all insurance.
The company carries multi-million dollar insurance policy.
You pay never a cent more then the initial cost which is $500,000 per well turn key.
This company is fully staffed and owns all its equipment including 2 multi-million dollar drilling rig, fully engineering reports and geology. Top notch company.
Company uses the most high tech survey areal equipment on the market. This equipment is precise and locates oil formations in the Gulf of Mexico for the large oil company. This company is the only one that is flying this equipment over land that I know of.
1,000,000 RECOVERABLE Barrels/well. FULL GEOLOGICAL REPORTS and ENGINEERING REPORTS!!!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.