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Two Knox Oil Wells on 60 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
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Closest Town/City: Albany
Province/State: Kentucky
Country: USA
Gross Acreage: 60 +/-
Net Mineral Acres: 60 +/-
Legal Description: 60 Acres 100% WI / 87.5% NRI.

1- fully equipped Knox oil well
1- open hole Knox well that is full of oil
1- 100 barrel oil storage tank

The land owner tells us that the equipped had been making 1.5 to 2 barrels of oil per day.

The second well had a history of making just over a barrel per day but needs to be re-equipped.

The previous operators ran these wells from a generator and never ran electricity to the site. The land owner tells us that they faithfully pumped them for some time before the extra work of pumping them on generator started to take it's toll on them.

With the one well fully serviced and up and pumping, we have this lease priced at just $46,000. This price includes us running electricity to the site.

We have interest in other wells in the immediate area and will pump these wells on our regular route. We charge just $150 per month per well for pumping and electricity.

This is a nice lease with friendly landowners that really want the wells to be produced.

The new owner would also have the option of  completing the second well. This should give us an additional barrel +/- of oil per day.  Total cost $35,000.

Our attorney will prepare and record all of the necessary documentation so you are the registered owner of the lease and well(s).
Comment: We invite you to come visit us to check out our leases and our company. We're friendly so feel free to call with any questions.

Priced at just $46,000 with low monthly operating fees.

Latitude: 36.7903399 Longitude: -85.3705186
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