Oil Wells Investment Texas -Louisiana-Mississippi USA , calgary

Oil Wells Investment Texas -Louisiana-Mississippi USA

Price: $19,600,000

calgary > For Sale > Business > Oil Wells Investment Texas -Louisiana-Mississippi USA (#113733)
User: Gil
Description

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.com

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