Ref. HZ-4EHCK1 · businessbroker · Bar / Pub
Michigan: Own 3 Absentee Run Oil Wells
Kalamazoo, MI
88% complete
« no financial data provided by the source · data quality 41/100 · signals : LONG_TIME_ON_MARKET »
Description
Own 3 oil wells to be drilled in Guadalupe County, Tx. 21 previous producing wells drilled on the property with each producing between 46-84 BOPD ( Barrels Of Oil Per Day )all from just one zone at a depth of just approx. 2,500 ft. These new wells will be drilled down to 5,000 FT in order to go into 5 more very highly productive oil zones which have each produced BILLIONS of barrels of oil. Should these 3 wells each produce just the low end of 46 BOPD, as a 6% owner you would make approx. $11,000 A MONTH ( using an avg oil price of just $60 a barrel. Should these 3 wells each produce approx 84 BOPD , a 6% owner would make approx. $15,500 per month . The potential here is huge because of these new zones they are drilling into deeper down . Call for all the details . Bob [PHONE REDACTED]**This is not an offer to buy or sell securities. Every investment / purchase of a small business carries risk , please do your due diligence **
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