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Oil & Gas Extraction
Location: United States -> Texas -> Central Texas -> Milam County
Industry: Agriculture > Other Agriculture

Business Summary

Industry:Mining // Oil & Gas Extraction
Location:United States
Price:Less than $100 Thousand
Status:For Sale

15 Operational - 5 Permitted For Injection - Lease Make 2 Bpd With Very Minimal Attention. With A Little Time And Focus This Lease Should Rock. We Have Only Owned The Lease For 3 Months And Have Produced 200 Bbls With Zero Effort. We Are Focusing Our Efforts In South Texas And Need To Sell. First $60,000 Takes It (Firm). Serious Buyers Only - This Is A No Brainer - There Is $50,000 Worth Of Equipment On Location. We Might Consider Some Owner Financing. Lets Make A Deal.


Asking Price Range:  < $250K
Gross Revenues:   $1,000,000
Cash Flow:   $100,000
Cash Flow Type:  EBITDA
Inventory:  $100 Thousand
Seller Financing:  Not Disclosed

About The Business

Year Established:  1968
Number of Employees:  > 200
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Oil & Gas Extraction
Reason For Selling:  Oil Is Up Leases Are Cheap

Print Listing Id: 700258189
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