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- RE: Proven Oil Reserves, Absentee-Run Business
- Contact: Steve Bass
Quick Facts
Asking Price: | $50,000 | |
Annual Revenue: | $50,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $1,000,000 | |
Year Established: | 1990 | |
Employees: | 12 | |
BBN Listing #: | 967954217 | |
Broker Reference #: | 021318-2 |
Business Overview:
Absentee-run business owners wanted for Managed & Operated Oil & Gas Properties, Land Leases, Production, Monthly Revenue, and Enhanced Oil Recovery. Absentee owners let your money work for you during times of uncertainty. Owner opportunities from $50,000 to $50,000,000 backed by years of industry experience. Project design available for projects customized to suit your financial and risk tolerance. Current lease ready to produce with five to nine million barrels of oil in place (proven reserves) Nitrogen, microbe, saltwater injection, and recovery. Opportunities in Texas and Oklahoma, Louisiana. Permian Basin, Wilcox, Wolf camp, Canyon Sand, Clear Fork, San Andres, and many more highly sought-after formations. Now is the time to act! Independent oil company that can operate at low oil prices and make a return on your investment. Let us show you how you can make a return within 1 to 3 years at CURRENT OIL prices. The virus will not last forever and the demand will come back up!To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Oil lease properties located in Texas, Oklahoma, and Louisiana. Leases from 100 to 10,000 acres.Market Competition and Expansion:
Oil is in high demand, take-all contracts are in place with buyers, and the infrastructure is in place. Unlimited expansion potential.Reason for Selling:
Partners Wanted.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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