9 Producing Oil Wells Businesses For Sale in Louisiana,United States at FranchiseLeader.com - Buy Franchises, Sell Franchises, Franchise Businesses for Sale

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Businesses For Sale   >>   Louisiana Businesses For Sale Categories   >>   

9 Producing Oil Wells

Location  Louisiana,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned
Description  Buy 100% Working Interest for 1.7M, Current 25-35 BOPD Turnkey Operation! Leased mineral rights on 700+ acres 9 fully equipped oil wells, 6 wells producing 25 to 32 BOPD. 2 water injection wells. Remaining 1 well will be brought online in 45 days included after the purchase. Potential production 45 BOPD when completed 1 well workover and upgrade the other wells.100% Working Interest 70% NRI. Other producing formations on the property. Operator will continue to maintain production at new owner's expense. Capacity of drilling new wells for 200-300 BOPD. 85% IDC credit from IRS 1st year on new drills. This lease is doing 25 to 32 BOPD with 6 wells running on 700+ acres 9 wellbores, producing for more than 20 years. If you can close in two weeks seller will let you have it for less. Seller needs money to step up to bigger field. Samco Oil LLC 1106 Coolidge Blvd. Lafayette,ÿLAÿ70503-2619 Tel: 337-422-4697 Fax: 952-556-9056
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