Own Oil Wells / Absentee Run $10K-$50K+ MO.

Portland, OR
Multnomah County


Asking Price: Annual Revenue:
$129,000 $2,500,000

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle


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RE: Own Oil Wells / Absentee Run $10K-$50K+ MO. Broker: Bob

Quick Facts

Asking Price: $129,000
Annual Revenue: $2,500,000
Net Profit: $150,000
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 2
BBN Listing #: 836850024
Broker Reference #: Not Disclosed

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Business Overview:

Great ABSENTEE RUN business, in fact the only TRUE Absentee run business you'll find. Keep your day job for now and own a piece of 2 wells to be drilled in Oklahoma and 100% managed for you by a extremely well respected company with 35+ years of experience . The last well drilled on the property hit for 250 BPD ( barrels of oil per day ) and produced oil for over 33 years . If they get the same 250 BOPD from each well that's 500 BPD total , a 10% owner would make approx. $800,000 A YEAR or approx. $66,666 A MONTH .
The beauty of this business is you can expand at your own pace since the co. has 10+ years worth of projects to be drilled , you have NO monthly payroll, NO employees , NO inventory , NO rent, , the company manages the day to day operations of the wells. Add in the very low cost to get started along with the INCREDIBLE tax benefits / write-offs and to me this is by far the best opportunity out there. This is a MUST OWN. Bob 201-233-9652

*** This is not an offer to buy or sell securities

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Property Features and Assets:

Wells located in Oklahoma

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 is not a franchise resale opportunity.

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