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Business For Sale Listing 154917

50-100 BCF Gas Storage Project

Status as of Nov-21-2008 at 05:59 PM: Active

Business Summary

Seeking 50% Joint Venture partner for a large scale gas storage facility, located on an extremly large domal structure in Western Illinois. More than nineteen wells have been drilled and a $300,000 engineering study have targeted an aquifer in the very porous St. Peter formation. Gas storage facilities that graduate the permitting process both on the State and local level generall sell for $175 to $350 million for every 50 BCF capacity. This project without the Mt. Simon should range between 50-100 BCF.
Geology and Engineering studies available to qualified participant.


Categories

Industry: Mining Businesses For Sale
Oilfield Service Businesses For Sale
Location: United States Businesses For Sale
Other: Franchises For Sale
Very Small Businesses For Sale

Industry

Sector: Mining
Industry: Oilfield Services

Location

Classification: United States

Financials

Sales: Not Disclosed
Profits: Not Disclosed
Profit Type: Not Disclosed
Asking Price: Between $2.5 Million and $5 Million
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