OWN ABSENTEE RUN NATURAL GAS WELLS $5K-$50K+ mo.

Miami, FL
Broward County


Asking Price: Annual Revenue:
$60,710 $500,000

Services: Hotel, Motel, Lodging


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RE: OWN ABSENTEE RUN NATURAL GAS WELLS $5K-$50K+ mo. Broker: Bob

Quick Facts

Asking Price: $60,710
Annual Revenue: $500,000
Net Profit: $75,000
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 3
BBN Listing #: 99750024
Broker Reference #: Not Disclosed

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Business Overview:

Great opportunity to own a piece of a very successful / profitable ABSENTEE RUN NATURAL GAS well that was drilled in 2006 on a 13,000 acre lease property which is located on a 200,000 ACRE ranch in Texas . This well produced large amounts of natural gas for over 10 years , the company which owns this lease , along with 54 other VERY PRODUCTIVE natural gas wells on the ranch is going back into this well after Schlumberger oil did a well test with it's newest state of the art/ patented technology and determined their is still a very large amount of natural gas in another zone of the well along with 2 zones holding oil.
The property is in Maverick County, Tx. which is part of the greater Maverick Basin where operators are targeting the Pearsall shale gas formation and the liquids-rich Eagle Ford shale oil play. The ranch itself has major oil drilling companies such as SHELL , ANADARKO AND NEWFIELD EXPLORATION that current own wells and continue to drill. This is a tremendous opportunity get into a great project right alongside the major players. At least 10 more wells will be drilled in the near future and you will have first rights on getting into those projects. Bob 201-233-9652

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Property Features and Assets:

Wells are located in Texas

Additional Details:

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

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