Business For Sale Listing 155574
Deep Florida Oil Well
Status as of Nov-22-2008 at 05:59 PM: Off The Market
Business Summary
Partners needed for drilling a deep well in Florida. The plan is to drill to 11,000 feet and test 3 productive zones. This well is a direct offset to a field that has made over 1.8 Million barrels from 2 wells. Excellent well control, 2D Seismic and Magnetics all show this well to BE on THE apex of a reef formation. Initial production could be as high as 1000 BOPD.
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Industry
Location
Financials
| Sales: |
Not Disclosed |
| Profits: |
Not Disclosed |
| Profit Type: |
Cash Flow |
| Asking Price: |
Between $5 Million and $7.5 Million |
