Oil Leases for Sale

For Sale. Two projects in Eastern Kansas. 87.50 % Net Revenue Interest. All shallow wells, inexpensive and highly productive. All less than 1,000 feet. Selling because of health issues.

Project !:
467 contiguous acreage. Six (6) pumping wells and complete steel tank battery (4) 100 barrel oil storage tanks; one (1) 60 barrel gun barrel; one (1) 100 barrel water tank; Large tank for automaatic chemical injection into oil lines; and, 2 1/2 mile of a 6,000 volt buried electric line with above ground transformers. 180 additional drilling sites available. Original development cost of $ 650,000.00. First day's production of 100 barrels. Absolute bargain at $ 215,000.00.

Project 2:
17 Oil & Gas wells drilled and completed. Two (2) new wells just drilled and discovered up to 67 feet of good gas sand. One (1) 2200 foot completed salt water disposal well at a cost of $ 250,000.00.All wells have two (2) gas zones. Most wells also have an excellent oil
zone. 22 additional drilling locations available. Additional leases are also available in the area. Pumping and management will be available at time of closing..Original development cost of $ 2.9 million . Another bargin at $ 315,000.00.