Oil Wells Investment Texas -Louisiana-Mississippi USA
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Listing iddareqsbm
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Categories
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Asking price
Open to offers
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Quantity
1 item
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TaxNot applicable
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Shipping & Handling
Shipping to Canada only
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Payment Terms
Payment in advance only
Seller accepts Cash
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Posted1 month 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?
An opportunity to invest in a privately-owned Oil Drilling Company is now available. The principles of this company offer extensive experience in Fracking as well as in the exploration and locating of positive oil reserves.
Total investment required $19.6 $MM will allow for the completion and frack of 5 wells. Once those 5 are online the cash flow from operations will cover the next 10 wells for a total of 15 wells
What is the estimated time to producing oil? 120 Days from funding start
How long to start the drilling? Recompletions and frac work would begin within 60 days
What is the expected return? At 100% working interest 75% NRI expected undiscounted ROI per recompletion is 3.43 from the production revenue. If you add in the potential mineral value created with the with proven locations around a new producing well the ROI could be 5 or greater.
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
An opportunity to invest in a privately-owned Oil Drilling Company is now available. The principles of this company offer extensive experience in Fracking as well as in the exploration and locating of positive oil reserves.
Total investment required $19.6 $MM will allow for the completion and frack of 5 wells. Once those 5 are online the cash flow from operations will cover the next 10 wells for a total of 15 wells
What is the estimated time to producing oil? 120 Days from funding start
How long to start the drilling? Recompletions and frac work would begin within 60 days
What is the expected return? At 100% working interest 75% NRI expected undiscounted ROI per recompletion is 3.43 from the production revenue. If you add in the potential mineral value created with the with proven locations around a new producing well the ROI could be 5 or greater.
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