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Business For Sale Listing 108059

Oil and Gas Royalty Interest

Status: Off The Market

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Business Summary

This company is offering an oil and gas royalty interest package. It contains royalty interest in over 1600 producing oil and gas well in the US. This offering has to close by October 1st so come get it before it's gone.
1-4 new holes drilled per month that increase the cash flow by 1-3k per month.

Risks are associated with the price of gas. Some of these have price floors locked into the interest. Growth will continue as most of the interests are in large public companies reserve holding such as Conocco Phillips, and Exxon Mobile.


Categories

Industry: Mining Businesses For Sale
Oil & Gas Exploration Companies For Sale
Location: United States Businesses For Sale
Other: Very Small Businesses For Sale
Relocatable Businesses For Sale

Industry

Sector: Mining
Industry: Oil & Gas Extraction

Location

Classification: United States
Location: US

Financials

Sales: Between $500 Thousand And $1 Million   (600,000)
Profits: $500K - $1MM   (600,000)
Profit Type: Cash Flow
Fiscal Year: 2005
Asking Price: $5MM - $7.5MM   (5,000,000)
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