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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Kentucky Businesses For Sale Categories   >>   

Great Oil Reserves For Sale

Location  Kentucky,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  4 - 5
Inventory  $6,000,000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Owner states that the drilling will be done for you by these current owner professionals.
Reason for Sale  Owners and company are experienced drillers and developers.
Description  Great oil reserves with 3d seismic data for sale for $145,000! Owner states that this is an oil lease developed with 3d seismic data - large reserves! Owner benefit approximately 70% w.F. 30 years of drilling experience. These are complete turnkey wells with logs and acid treatment modecules. The business was established in 1985 and has 8 employees. Owner states that this could be the largest Western Kentucky producer in the area - the leases are very valuable! The $6,000,000 worth of inventory is not included in the asking price.Value of other assets include 32,000,000 proven undeveloped reserves(barrels). There is a great upside potential in reserves.Wells have produced a 100 barrels per day (bpd) in the area! Email or call Jim Baker at 321-452-3462 for more information on this oil reserves for sale.
Click Here To Contact Seller

    

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