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Caldwell Lease for sale in KY

Kentucky (KY)

Asking Price: Gross: Cash Flow:
$ 30,000 $ 16,470 $ 12,846

Business Summary:
TURNKEY OPERATION! ABSENTEE OWNER: Lease the mineral rights on a 51 acre site with 1 equipped and operating oil wells producing 1/2 BPD with an 84.5% Working Interest. This wells was recently reworked and are in excellent operating condition. The seller who is the operator on-site will continue to pump and operate under his bond for 1 year included in the purchase price. New owner will pay for electric and invoice price for repairs if any are needed. Cash flow calculated at 1/2 BPD @ $90

 

   
Year Business was Established: 2009
   
Reason for selling: In need of capital for other developments.  
   
Seller Reference Number: 1541
BusinessMart.com Listing Number: 114802
 

 

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For more info contact:

Michelle Seiler

Capital Business Solutions
504-525-1717

CONTACT SELLER

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