Business Overview:
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 pay all insurance.
The company carry mult-imillion dollar insurance policy.
You pay never a cent more then the initial cost.
This is a proven oil production area. 150-200 barrels a day per well. Cheap drilling and high production. All information can be backed up and this is no joke. This is a Joint Adventure.
Operator has over 30 years of experience. Operator wants to continue to drill more and acquire more land. Current Owners will make there money on a fixed operators agreement.
Solid company and solid business. Contact Seller for more information.
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.
Market Competition and Expansion:
No competition and huge ability to expand.
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.