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  • RE:  OWN MINERAL RIGHTS FOR OIL/GAS $500K+ YR ABSENTEE
  • Contact:  Bob Fox

Quick Facts

Asking Price: $8,000,000
Annual Revenue: $25,000,000
Net Profit: $500,000
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: Not Disclosed
BBN Listing #: 162050024
Broker Reference #: Not Disclosed

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Business Overview:

Tremendous opportunity to own mineral royalty rights on 25,000+ acres in Oklahoma . The properties currently have 90 producing oil / nat gas wells which net you approx. $500k a year , 33 more wells have been approved and are ready to start drilling shortly . This will obviously add to your monthly income , but the HUGE opportunity here is 300+ more wells will be drilled over the next 10+ years at NO COST TO YOU !! Conservative estimates are your YEARLY income will be $1 - $2 mil. in just a few years, and $2-$5+ mil. not long afterwards. This is something your grandkids kids will be getting monthly checks from since it will pay you for the next 50-100+ years . The drilling companies ( 7 total ) include Devon Energy and Continental , your monthly checks come directly from them.  The day you buy this , you start earning your royalty $ &ith nat gas prices currently at rock bottom ($2) , without any new wells, your yearly income could , and will, jump to $1 mil+ when gas jumps to just $6 !!   

                                    Bob  201-233-9652

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Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity

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