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South Texas: OIL WELLS FOR SALE

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South Texas: OIL WELLS FOR SALE
Listing ID:  21280
Asking Price: $6,200,000 Status: Active
Business Type: Manufacturing  /  Petroleum Refining And Related Industries
Construction  /  Construction - Others
Reference #: 368
Business Location: Texas Broker Coop: No
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Annual Income Information
Labor Information
Gross Sales: Full-Time Employee:
Cash Flow: $7,100,000 Part-Time Employee:
Business Detail Information
Lease Information
Form of Ownership: Sole Proprietorship Leased SqFt:
Year Established: Rent /Month (Include NNN):
Accounting Info(years): Lease Exp.Date:
Franchise: Original Lease (# of yrs):
Liquor License: Lease Left (# of yrs):
Seating Available(#): Lease Option (# of yrs):
Parking Space(#): Lease Renewable:
Hours of Operation: Lease Transferable:
Reason For Sale: Rent Increase:
Seller Training Available: Yes   (as needed)
Price Description
Financial Information
Real Estate Included: Seller Cash Out:
Real Estate Value: Seller Financing Available:
Fixture & Equipment Included: Seller Financing Amount:
Fixture & Equipment Value: Seller Financing Term(years):
Inventory Included: Annual Interest Rate:
Inventory Value: Min. Down Requested:
 
Business Description
"This is a total of 4 wells for sale. Be an absentee owner of your very own Oil & Natural Gas Wells. Cash Flow gives returns less then 12 months to secure acquisitions cost. Wells should produce for over 50 years past the day of acquisition. Wells should come in at 800 – 1,000 BOPD and 8,000 MCFD per well. Oil Company consists of a team of 9 people with 12-35 years of experience with Deep Oil Wells and High Production projects. The total depth of these wells are 11,000 ft and have Full report available to qualified buyers. Geological, well history, Engineering reports, ect $6,200,000 for entire field.

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