Ten (10) well joint venture program for accredited investors to directly participate.
- Project cost of $1,350,000, located in Texas on approximately 20 acres, includes (10) oil wells, (1) injection well.
- Shallow Drilling (-) 1,000 feet
- Cash on cash return estimated in 12 months.
- Estimated up to 80% of contributed capital is deductible in the first year.
- New infrastructure, drilling and completion of (11) wells.
- Three (3+) proven pay zones, estimated 36 BOPD production, per well, within this lease area, per Certified Geological Report.
Asking Price $1,350,000
Sales Between $1,000,000 and $2,500,000
Profit Available On Request
You May Also Like
Selling ORRI in 15 Oil Wells #453895 posted Sep 14, 2016
- United States
- Available On Request
Our company owns 15 Oil wells in Texas that were once owned and operated by Texaco. We are selling up to 10% ORRI to raise funds to re-work the existing wells. Please email for more information. Thank you
15 Oil Well Fire Sale #453863 posted Sep 14, 2016
- United States
We are selling our 15 Oil wells in Texas for a fire sale. Everything is being sold for $175K
Great Diversity/ Big Upside 70 to 1 - Legacy Asset #453248 posted Sep 7, 2016
- Poplar, Montana, United States
- Between $924,000 and $3,696,000
Very Unique Way To Play A Prolific Oil Play That Starts Drilling in 1 month.( Rig is drilling another well about 3 miles away) 1. 1.00% Overriding Royalty In 8,459 Acres Of A 44,000 Acre Federal Unit In Eastern Montana. Under Explored Area Next To The Prolific Poplar Bluff That Has Produced Since...
Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.