Producing Oil Well For Sale
www.GlobalBX.com
Listing ID:
700164568
Listing Title:
Producing Oil Well For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=164568
Industry:
Auto Related
Industry Segment:
Gas Station
Country:
United States
State / Province:
Texas
Area
Dallas/Fort Worth
City:
Rising Star
Asking Price Range:
< $250K
Gross Revenues:
$98,500
Cash Flow:
$40,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2011
Number of Employees:
1 - 3
Business Description:
For Sale is a 3 week old producing well that will last for 15-20 years. You will recieve your money back in less than 2 years. My loss is your gain, need the cash fast for a bad real estate investment and the checks in the mail they send won't help me. Oil is the one of the best investments you can get your hands on and I have taken all the risk for you, you just sit back and collect the checks. The well is in Rising Star, Texas and is currently producing 3-7 BOPD. Not a bad investment but it gets better. They are still working on the well to bring producting up. Other wells in this area produce 40-80 BOPD. In the next week are so they are putting the well under a vaccuum which will greatly increase production. I wish I could stay in this project for the long run but I need the cash fast.
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