Texas Oil Well. Partner wanted

  • Listing id
    gkwokmdy
  • Categories
    Business / Commercial → Business For Sale
  • Asking price

    Open to offers

  • Quantity

    1 item

  • Tax
    Not applicable
  • Shipping & Handling

    Shipping to Canada only

  • Payment Terms

    Payment in advance only

    Seller accepts Cash

  • Posted
    1 year ago
helpful
Calgary, AB
Member since July 19, 2018
Please only contact the seller if you are interested in buying or bartering for this item. Spam and fraud will not be tolerated.
The Affordable Business Partner is an Alberta Commercial Real Estate Introduction & Marketing Company that specializes in finding qualified buyers for business sellers and finding quality businesses for buyers. How can we help you?

Project 1. Investment level 250,000 USA Dollars Opportunity to invest in a Texas Oil Well Development. Seller is offering a 25% equity interest in a Oil Well that is currently being developed.

Investment would go towards the completion of the well, and for the Frac Services required to extract the gas and oil reserves.

After the project is completed Investor will recoup 100% of the Oil & Gas revenues less expenses. Once 100,000 has been recouped by the investor they would be involved in receiving 25% of the profits produced for the life of the well.

Estimated production of the well is at 2,000 MCF per day with 100 barrels of oil.

Project 2. Investment level 600,000- 1,200,000 USA Dollars Opportunity to invest in 2 Texas Natural Gas Wells.

Option1. 600,000 Investment Seller will sell 50% Equity in 2 Texas producing natural gas wells and one disposal well. Seller will take care of the day to day operations. Average monthly cash flow for both wells over the course of the last 25 months is approximately 38,000.00. These wells also produce 4 oil loads per year which adds another 40,000.00 of revenue each year.

Option2. 1,200,000 Investment Seller will sell 100% Equity in 2 Texas producing natural gas wells and one disposal well. Seller will take care of the day to day operations for the new owner at a fee to be negotiated. Average monthly cash flow for both wells over the course of the last 25 months is approximately 38,000.00. These wells also produce 4 oil loads per year which adds another 40,000.00 of revenue each year.

The Seller will support a positive transition for investors including all aspects of the operation, industry knowledge and business relationships.

Selling your business? Having difficulty in finding a buyer? Looking for an Investor? We offer many different options to help you. The Affordable Business Partner