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Home » Businesses For Sale » Oil & Gas Extraction » Tennessee » Listing BFS-158963

Dump Sale -New Oil Well -Fantastic Returns/Revised

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Location

  • CityNot Disclosed
  • State Tennessee
  • CountryUnited States

Not Relocatable

Real Estate Included

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

We bought this well from an operator who went broke. It is all but finished, including the frac. We are $162,500 short to complete. We had an investor but he decided to take a vacation instead of completing this transaction (no joke), hence the opportunity. Here are the estimated production numbers: 300 to 500 MCF per day in gas and 40 to 70 bpd in oil. The price will get you 50% of the production CARRIED. Probably have your money back within a matter of months. Operator has been in the business for years and years and has a great track-record. We want to move this before the end of the month, preferably before the 15th of December. So, if you can move QUICK you can make yourself one heck of a deal. The well is located in Tenn. Be sure to include your complete contact information with phone number for priority handling, thanks.

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