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Oil And Gas Field
Location: United States -> Texas -> West Texas -> Alice
Industry: Agriculture > Other Agriculture




Business Summary

My partner and I own a $3 billion oil and gas field in southwest Texas which is producing oil currently and with a lot more reserves to develop. Were looking for investors to help us in the development of the field. We have over 150 years of experience and 10's of thousands of wells behind us total and this is the best field we've ever seen. 9-15 pay zones per well above 4000 ft depth. Plus deep shale potential 6100 ft. These zones have produced over $500 Million already. Proven undeveloped reserves of 20+ million barrels oil and 30+ billion cubic feet of gas with much, much more reserves in deeper shale zones. Were a small tight-knit team and we want to keep it that way. Just looking for a few good honest men to partner up. My email is and my number is 512-584-9954


Financials

Asking Price Range:  < $250K
Gross Revenues:   $8,000,000
Cash Flow:   $8,000,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2008
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Reason For Selling:  Offering working interest in wells to develop the rest of the field.




Print Listing Id: 700205346
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Related Searches: Agriculture and Supplies  >  Farms  >  Other Agriculture  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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