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. New roads Pumps, Storage Tanks, Pipes, Gas Lines, Generators, Security, Etc.
Personnel available to restart production and/or drill additional wells. All leases current. Seller open to negotiation for management of the oil production. Geological, Estimated Reserve and Future Net Revenues Reports available. NDA required for available reports.
Asking Price Available On Request
Sales Available On Request
Profit Available On Request
You May Also Like
Partner Needed WV Coal Project 100 Million Value #455070 posted Sep 30, 2016
- Boone County, West Virginia, United States
Private WV coal project, permitted and improved land. $2 million plus equipment. Was operating, just needs to turn the lights back on and will be operational within 2 weeks. Also, available in same project is a wash plant facility and rail loading site with additional $15 million worth of unencumbered...
Shallow Production for Sale Large Lease #368753 posted Nov 7, 2014
- Kanawha County, West Virginia, United States
- Available On Request
Includes 4 wells & its HBP. 100% WI 84.0% NRI. Lower Huron Fairway, Marcellus 30'-40'. Production mainly from Wier & Lower Huron & includes 4 wells currently shut in. 1200btu gas & Lease is close to wells making & producing both oil & gas. Lease is HBP. Contact info must include...
Oil & Gas Extraction #405185 posted Apr 17, 2016
- Ohio, United States
12 wells, 120 acre lease, needs about 85k dollars workover, 100k dollars for lease. Contact today. Possible 10 month payback.