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Home » Businesses For Sale » Oil & Gas Extraction » Tennessee » Listing BFS-166884

Blowout! - 5 New Oil Leases - Cheap!!!

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Location

  • CityNot Disclosed
  • State Tennessee
  • CountryUnited States

Relocatable

Real Estate Included

Financials

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

Currently Available Leases and Well Sites
as of April 20th, 2009


Stripper Wells
Several available, but only 10-15 bpd. Warranty at 60% is for no less than 5bpd. Priced at $60,000

Daniel Lease
Most promising for big production. Going for $175,000 each with a 70% of 100% NRI. Wells in the local area within one mile initially producing 1000+ bpd. There are three well sites available and if any well site is comes up dry a new well will be drilled at our expense. MUST BUY ALL THREE FOR THIS PRICE.

Hall Lease
Absolute production. Looking at 12-20 bpd. Five locations. Priced at $150,000 with a 70% of 100% NRI.

Lesbbaugh Lease
Big Production, comes with a 20bpd warranty, many well sites available. Production in the Sunny Brooke, Stones River and possibly Knox formations. Looking at no less than 150-200bpd Should also have gas. Priced at $225,000 for 70%, with a 20bpd per day warranty to the purchaser .

Threet Lease
Good Production Potential, looking 50-75 bpd production. Only 2 well sites available. Going for $200,000 each with a 70% of 100% NRI. Warranty if we hit at 15bpd

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