200 BOPD oil well for sale in KY
Asking Price: USD
125000 | www.investments-and-acquisitions.com
| Posted by : Chris Termeer |
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| Description: |
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"for more information please visit www.investments-and-acquisitoins.com Business description
200 BOPD Well For Sale For $125,000! SERIOUS INQUIRIES BY PRINCIPALS ONLY! NO BROKERS! MUST SIGN NCNDA & SHOW PROOF OF FUNDS! WI 100% NRI 70%. This is a proven oil production area. 200 barrels a day. Cheap drilling and high production. All information can be backed up and this is no joke.
Operator has over 20 years of experience. This is why they need investors. Operator wants to continue to drill more and acquire more land. They make their money on the 30% NRI in maintaining your well. There is more money under the ground then there is to pull it out. Operator can get wells drilled, up and running in days not months.
The math behind the deal is easy:
200 BOPD * 365 days in the year * $75 (estimated market value of oil per barrel) = $5,475,000/ year
Investor gets 70% = $3,832,500/year
Operator gets 30%=$1,642,500/year and the operator used other peoples money to do the project and secure this income. Now if you were the operator, wouldn't you want to use other people's money and make 1.6 MM/ year and focus on expanding your operations?
Property information
Real Estate:
Lease
Location:
Located in Cumberland County, Kentucky" |
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| Financial Information: |
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| Annual gross sales: (USD) |
N/A |
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Yearly Revenue: (USD)
Total yearly sales revenue |
N/A |
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Net Profit: (USD)
Total profit before taxes |
N/A |
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| General Information: |
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| Business Area: |
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| Year Established: |
1990 |
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Is Relocatable?:
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No |
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| Business closed or an asset sale : |
No |
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| Is Home based business?: |
No |
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| Real estate status: |
Yes |
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