London, United Kingdom

Asking Price: Annual Revenue:
$150,000 $4,000,000

Retail: E-Commerce, Retail Websites

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

Quick Facts

Asking Price: $150,000
Annual Revenue: $4,000,000
Net Profit: $200,000
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 2
BBN Listing #: 90950024
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Great opportunity to own an ABSENTEE stake in an oil well to be drilled in Michigan by a great company with a tremendous history of success. Three test wells were drilled previously in order to zero in on the targeted area called the NIAGARAN REEF which has produced over 500 MILLION BARRELS OF OIL . The company has now found the center of the oil reef and feels very strongly the well will produce 200 Barrels of oil per day ( actually more but the max allowable by law in Michigan is 200 BOPD ) and a total of over 500,000 barrels from this one well.
Oil prices continue to fly higher heading to $100+ very sons do not get left behind. Using an avg oil price of $80 oil price ( currently $85 ) at 200 BOPD you would make approximately $45,000 A MONTH and get all your $ back in just 4 months . Should the well produce a total of 500,000 barrels of oil , using an avg oil price of only $80 , you would get back over $3,000,000 on your $150,000 . It sounds crazy but with oil prices this high the returns are off the charts !!! Call for all the info. , this one is as good as it gets with oil . Bob 201-233-9652

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

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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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