Owner Financing is Available!
Business Overview:
The company pays the electric.
The company pays legal fees for title in your name.
The company pays permit fees.
The company pays all repairs for the life of the well.
The company pays all insurance.
The company carry 2 million dollars worth of insurance.
You pay never a cent more then the initial cost which is $135,000 per well turn key.
This is a Joint Adventure on a part of a large oil producing field in the serpentine formation.
This company owns 2 million dollar drilling rigs and will put in writing that they will not hit a dry hole other wise they will redrill you a new well. company is fully staffed, licensed and bonded, and has no water problems. Company has a full write up on geological studies, engineering reports, ... etc.
3d seismic was done on new undeveloped areas of the field… Huge Up Side Potential with this company!!!
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.