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Own Absentee Run Oil Wells Business
Location: United States -> Iowa
Industry: Technology – Internet Related > E-Commerce and E-Tailers

Business Summary

Opportunity to own ABSENTEE RUN OIL WELLS in Oklahoma , make $5k-$50k+ a month. A co. with 35+ in the business and a track record of great success runs everything for you !
The property just above this one has produced OVER 4.5 MILLION BARRELS OF OIL. The property just below has produced OVER 4.5 MILLION BARRELS OF OIL ! This property in the middle has only been drilled a couple of times and produced only 125,000 BARRELS OF OIL simply because IT HAS BARELY BEEN DRILLED !

The oil is flowing from above staright through this property into the property below , it is a NO BRAINER ! A well drilled 600 feet away form where these 2 will be drilled just hit for 250 BOPD ( barrels of oil per day ) , you will own 10% of 2 wells that are to be drilled right next to the 250 BOPD well and should they get the same result , 500 BOPD TOTAL, 250 from each well , you make approx. $800,000 A YEAR or approx. $66,666 A MONTH ! Add in the TREMENDOUS tax write offs and this is BY FAR the best opportunity out there. Call Bob 201-233-9652


Asking Price Range:  < $250K
Gross Revenues:   $3,000,000
Cash Flow:   $150,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1985
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

Print Listing Id: 700345288
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