PAHRUMP, Nevada
| Asking Price |
$115,000 |
Year Established |
|
|
| Annual Revenue |
$10,000,000 |
Reason for Selling |
|
|
| Annual P/L |
$175,000 |
Attention |
Bob |
|
| Annual Cash Flow |
$175,000 |
Listing Number |
1002382 |
|
| # of Employees |
2 |
Business Category |
Manufacturing: Energy, Oil, Petroleum, Gas Production |
|
Business Overview:
Tremendous opportunity to own a piece of 2 oil wells to be drilled in Nye County, Nevada right next to 2 of the most profitable oil wells ever drilled on the continental U.S. !! This well produced over 4,000 barrels of oil per day , every day for 7.5 years before daily production dropped into the high 3,000's . On the other side of where the 2 new wells will be drilled, a well next door produced over 2,000 barrels of oil every day for over 9 years before production dropped to 1,800 barrels per day . The founder of this project is Michael Johnson who is recognized as the most successful oil man in the U.S. over the last 25+ years , he was finally able to get the drilling rights for this specific property after trying for over 30 years !! If these 2 wells COMBINED produce an avg of just 1,000 barrels a day , using an avg oil price of $70, an owner of just 1% of these 2 wells would make approx. $15,000 a month . Should the 2 wells COMBINED produce the same 4,000 barrels a day as the well next door, you're making approx. $60,000 A MONTH . The #'s don't lie. Only 1% remains available for sale at a cost of just $115,000 with only $76,650 due now . Call Bob.
**This is not an offer to buy or sell securities**
Property Features and Assets:
<p>Wells are in Nevada </p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity