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Business For Sale Listing 147719

Old Oil Wells Wanted

Status as of Sep-6-2008 at 05:59 PM: Off The Market

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Business Summary

We are seeking to acquire leases with old oil wells that have been "pumped dry" or are currently pumping very small quantities of oil versus large amounts of water.

Of greatest interest will be those wells that started out as large producers of 500 BOPD or more but are making mostly water today with very little oil and are under consideration for closure. Well depth of less than 7,500 ft is preferred but will consider deeper. Multiple wells on the lease is also preferred.

If you have wells not precisely within those parameters, we could still be interested depending on the details.


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Industry

Sector: Mining
Industry: Oil & Gas Extraction

Location

Classification: United States // Southwest States // Texas

Financials

Sales: Not Disclosed
Profits: Not Disclosed
Profit Type: Not Disclosed
Asking Price: Not Disclosed
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