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Businesses For Sale > Business For Sale in Cumberland County, Tennessee (TN)

4 Oil Wells In Cumberland County Business For Sale for sale in Cumberland County, TN

Cumberland County, Tennessee (TN)

Asking Price: Gross: Cash Flow:
$ 650,000 Undisclosed Undisclosed

Business Summary:
4 Oil Wells in Cumberland County, Kentucky For Sale For $650,000. This is in the famous Mount Eagle Zones. 900ft shallow zones. Ten (10) Barrels Per Day (BPD) There are 4 wells plus 3 more drills ready. 85% NRI. All on 350 acres. 40% ROI per year. Production and Equipment only for sale. Included in the sale are 2-210 Tanks. Owner is selling as he needs to retire. Seller states that there is a Great Reserve Report here and a Great Upscale Production here. Call for additional information

 
   
Facilities / Terms of Lease: Located on 350 acres in Cumberland County, Kentucky in the famous Mount Eagle Zones. Call for more information  
   
Potential Growth/Expansion: Call for more information. 4 wells and 3 more drills ready!  
   
Competition: No concerns  
   
Owner willing to finance: Call for details  
   
Owner willing to train: As required  
   
Reason for selling: Owner wants to retire  
   
Seller Reference Number: mb1592
BusinessMart.com Listing Number: 157132