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Oil Well with Guarantee on 100 Acre Lease

Oil & Gas Opportunities: Buy & Sell Drilling Prospects & Wells. | Oil & Gas Opportunities: Drilling Prospects. Wells.

Category: Oil & Gas Opportunities: Drilling Prospects. Wells.
Owner Information
Owner: John Robbins
Phone: Sign up or login to view!
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Closest Town/City: Albany
Province/State: Kentucky
Country: USA
Gross Acreage: 100 +/-
Net Mineral Acres: 100 +/-
Legal Description: Many operators offer their existing old oil wells with declining production for sale. Old oil wells break down more often than old cars and unless you have the skill, equipment and desire to work on the wells yourself investing in them can be a losing proposition. So don't buy someone else's problems.

For problem free production you want a brand new well with brand new equipment. But with drilling new wells you have the risk of hitting a dry hole.

That's where we come in.

We've just acquired an exceptional 100+ acre lease in an oil rich area that is known for strong Knox formation oil production at depths of about 1800 feet. We are willing to offer a guarantee for a fully equipped and producing well on this lease.
Our Guarantee to you:

We're so certain of this lease that if we hit a dry hole on your first well, we'll drill and complete a second well for you FREE of charge.
While we occasionally hit large wells in the order of 30 to 50 barrels per day it is much more typical for us to achieve initial production numbers in the range of eight to ten barrels per day.

We offer a turnkey service from start to finish and have pumpers available to pump and maintain your new well. We also provide video updates for those who aren't able to stay to observe the drilling and completion of their well.

The brand well with guarantee is just $120,000
The purchase price for the 100+ acre lease is an additional $20,000
Once you're up and running in the oil business you can always drill more wells on the lease.

For more information or to arrange a visit please call or email.
Comment: We would also consider partnering with someone on the drilling of a new well. We're easy to work with so feel free to email or call.

Latitude: 36.6908991 Longitude: -85.1346776
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