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Business For Sale Listing 147369

Producing Oil and Gas Field

Status as of Aug-27-2008 at 05:59 PM: Off The Market

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Business Summary

2 producing oil and gas wells. Owner seeks equity partner to drill 2 geopressured multi target wells. The proposed drill location is updip to an oil completion that produced for over 2 years total production was 83,000 bbls of oil and 113,000 MCFG. Reserve estimates are supported by 3D seismic, geologic sturcture maps and offset well production. 2,000,000 bbls Proved oil reserves 2,000,000 MCF proved gas reserves.


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Industry

Sector: Mining
Industry: Oil & Gas Extraction

Location

Classification: United States // Midsouth States // Louisiana // Other Louisiana
Location: Louisiana

Financials

Sales: Between $100 Million And $250 Million
Profits: Over $50 Million
Profit Type: Not Disclosed
Asking Price: Over $20 Million   (24,000,000)
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