• Listing ID: 1325788
  • (Seller ref: 1722)

Oil And Gas Lease In Louisiana For Sale


Location:
Category:
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Asking price:
$1,000,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$1,012,000
Cash flow:
$1,460,000
Years established:
2001
Employees:
0
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

No image available

TURNKEY OPERATION FOR AN ABSENTEE OWNER! Mineral Rights Lease held by production on 370 acre site with 6 wells, 3 producing oil wells, 2 shut-in wells & 1 disposal well, 100% W.I. and 70% NRI. 8500 ft. depth, large casing, geological logs indicate several producing gas & oil pay zones capable of 25-40 BOPD. Disposal well needs a work-over to make this a productive field again. Current operator has 2 years on this field and will continue to work it. Will consider Joint Venture Partner for 50%

Facilities:
Gas and oil tanks on-site

Support:
on-site operatorwill continue to operate this leasing opportunity

Growth:
Several main zones of oil and gas productions

Real Estate:
Not Included


Competition / Market:
All geological logs of Gamma, resistivity and thermal decay time
Reasons for selling:
need capital for other projects
Financing available:
none
Furniture / Fixtures value:
$500,000 (included in the asking price)

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


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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