Unlike other businesses, this operation does not involve selling to customers, advertising expense, promotions, credit card processing, customer receivables, refunds, salespeople, and trade shows. A 3rd party petroleum engineer estimates huge reserves.
In addition to an outstanding group of leases, this opportunity is a complete business opportunity. Experienced management and in-house crew are in place to continue growing the income from this on-going business operation.
These lease agreements are easily assignable for transfer to buyer. The lease terms last indefinitely for a long-term opportunity. Water flooding injections are an excellent option for increasing performance.
Conveniently located in neighboring locations, these are properties that rarely become available for others to acquire.
Includes all equipment for drilling exploration, oil collection, and well servicing. A trained in-house crew is in place for all operations.
Market price of crude oil is the primary non-controllable factor. The operation can be managed remotely with a local crew to regularly service the equipment. The oil production continues 24 hours a day, 365 days per year. Amortizable capital investments for new drilling and production enhancements can be performed any time Buyer chooses.
Contact us for information about additional mineral rights leases for sale, with packages starting at $495,000. This is a great long-term investment opportunity!