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Business For Sale Listing 148782

Loan/WI Needed Secured by Mineral Rights

Status as of Sep-7-2008 at 05:59 PM: Off The Market

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Business Summary

1.5 MIllion dollar loan at 12% p.a. needed secured by mineral rights Valued at over 2 MM. Secured by ORRI on long time producing gas field in Colorado. Use of funds to work over wells on other properties. Participation in new wells negotiable to survive repayment of loan. Urgent. Accredited investors only.


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Industry

Sector: Mining
Industry: Oil & Gas Extraction

Location

Classification: United States // Mountain States // Colorado
Location: Colorado

Financials

Sales: Between $100 Thousand And $500 Thousand
Profits: Between $100 Thousand and $500 Thousand
Profit Type: Cash Flow
Asking Price: Between $1 Million and $2.5 Million
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