Historic Oil Field From The 1900s
Looking for capital to develop 800 acres and aquire 5 wells have really god potential if treated..
-biggest well in 435
-most we’re under 25
- currently making 1 barrel day
-never been treated
- 68.75% working interest ( possible buy out on 12.5%)
I’ve been around these wells and seen them with a couple adjustmentS these wells will make better than they do.. possibly 5 barrels treated maybe more
-cost $40,000
Financials (USD)
Asking Price $40,000
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations Beaver sand ( fort payne)
Acreage 5 wells on 75 acres to purchase( 800) joining
Production 1
Interest Type Working interest
Is Seismic Available? No
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.
Request Information
Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.
Sign UpDealStream Awards & Reviews
