Approximately 3000 acre of proven oil reserves in Lincoln County WV. Blanket bonded, Geological reports of 13 Million bbls in shallow Berea Field. Oil is light sweet crude. Larger reserve potential in deeper Black River Basin Field. Six capped vertical wells. 17 wells in compliance and 300 future use status wells which can be assigned.
Additional injection wells on site. Personnel available to restart production and/or drill additional wells. All leases current. Seller open to negotiation for management of the oil/gas production. Geological, Estimated Reserve and Future Net Revenues Reports available. NDA required for available reports.
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