• Listing ID: 1049519
  • (Seller ref: FOR126)

Oil And Gas Field Operation In Kentucky For Sale


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Asking price:
$2,225,999
Sales revenue:
Available on request
Cash flow:
Available on request

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Fully functional turnkey Oil & Gas Field Operation is available for acquisition in KY. With a full service operating division, lease acreage, existing production, production upside and a gathering and road network. This field has an extensive geo-scientific survey. All wells are monitored with satellite well monitoring systems. Estimated length of production for Devonian Shale Wells is 30 to 100 years. This field carries a 100% success rate for drilling activity in the past 5 years. Asset summary: 2,000 acres which will accommodate approximately 30 drilling locations. One hundred percent Working Interest, 87.5% Net Revenue in 5 producing wells and 3 reworks for a total of 8 wells. Most wells drilled to the Coniferous Formation (approx. 2,000 feet). Four are fully cased and have received high rate and high volume nitrogen fracture stimulation.


Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Seller financing negotiable

For more information about this business for sale, click the Contact Seller button.


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