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