Producing Properties
Location Louisiana,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $15000000
Net Profit / Cash Flow $5000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Description 1. Non-operated WIs in 7 producing wells and 7 behind-pipe zones.
Net production is approx. 141 MCFD and 8 BOPD.
Net proved reserves are estimated to be 692 MMCF and 57.3 MBO
Net cash flow from the property is approximately $24K per month
The PV-10% value of the net proved reserves is estimated $3,448,000
Available WIs vary from 11.0% to 2.1% with NRIs from 9.1% to 1.1%
Price negotiable.
2. Four producing oil and gas wells
Average Working Interest is 80.5% and average NRI is 60.4%
Net production is 3,700 MCFD and 75 BOPD
Net cash flow is about $572,000 per month
Net provenreserves estimated at 2,570 MMCF and 174,000 barrels, with a PV 10% value of $18M
Approx 670 acres
Several behind pipe zones
Price negotiable.
3. Five producing oil and gas wells
Sales gross 37 MMCFD and 341 BOPD, net 3,060 MCFD and 22 BOPD
Net cash flow $1,276,000/month
Net proved reserves 10,300 MMCF and 55,000 barrels of oil
Net proved reserves at PV-20% is $40 million
600 gross acres
Two proven behind pipe zones
Eight identified drilling locations
For these properties, the buyer pays our fee. Contact for more information on this Oil and Gas Well Properties for sale.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
