Business For Sale

Absentee-Run Business, Oil & Gas, Proven Reserves

Chicago, IL
Cook County


Asking Price: Annual Revenue:
$50,000 $50,000,000

Manufacturing: Energy, Oil, Petroleum, Gas Production


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RE: Absentee-Run Business, Oil & Gas, Proven Reserves Broker: Steve Bass

Quick Facts

Asking Price: $50,000
Annual Revenue: $50,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,000,000
Year Established: 1990
Employees: 12
BBN Listing #: 835154217
Broker Reference #: 102082018

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Business Overview:

Absentee-run business owners wanted for Managed & Operated Oil & Gas Properties, Land Leases, Production, Monthly Revenue, and Enhanced Oil Recovery. Absentee owners, let your money work for you by a professionally operated company. Owner opportunities from $50,000 to $50,000,000 backed by years of industry experience. Project design available for projects customized to suit your financial and risk tolerance. Current lease ready to produce with five to nine million barrels of oil in place (proven reserves) Nitrogen, microbe, saltwater injection, and recovery. Turn $5.5 million into $100 million. Opportunities in Texas and Oklahoma, Louisiana. Permian Basin, Wilcox, Wolf camp, Canyon Sand, Clear Fork, San Andres, and many more highly sought-after formations. Now is the time to act! Oil prices are on the rise, projections are as high as $200 per barrel! Don't miss the ride!

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Property Features and Assets:

Oil lease properties located in Texas, Oklahoma, and Louisiana. Leases from 100 to 10,000 acres.

Market Competition and Expansion:

Oil is in high demand, take-all contracts are in place with buyers, and the infrastructure is in place. Unlimited expansion potential.

Reason for Selling:

Partners Wanted.

Additional Details:

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

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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