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Dollar Down - Oil Up...Oil and Gas Major Investment Opportunity

Upstate New York, New York (Allegany County)

Mining

Asking Price Not Disclosed Inventory  
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

DOLLAR DOWN - OIL UP...MAJOR INVESTMENT OPPORTUNITY - Oil and Gas Mineral Rights Assets/ Interests. Pennsylvania/Bradford Oil Field minerals interests and properties, located just inside NY State. Shallow oil and gas production rework wells and interests. Much left, with 50% still available as virgin. Excellent deep gas potential! Large acreage available! Assets include, assorted shallow and deep holdings and rights, royalties, leaseholds, wells & equipment, water and other rights. Company seeks qualified buyers, in the medium-to-large range size or serious mineral investors for acquiring its Mineral Rights Assets in Allegany County New York State. Corporation owns approximately 2000 acres of different oil and gas interests. Over 320 shallow oil and gas wells on the interests are available for operation or rework for further production or other use, along with deep rights. Undeveloped areas have substantial reserves for future drilling for primary production, enabling a long-term potential for profitability. Owner would entertain serious offers.

Facilities: Corporation owns approximately 2000 acres of different oil and gas interests, in Upstate New York.

Growth/Expansion: Inventory and analysis of the oil and gas resources of Allegany & Cattaraugus Counties, New York by reputable geologists is estimated that the barrels of oil per acre in reserve would be 12,000 or more per acre, in areas that had thick and productive pay-sands, such as in the areas of the interests being sold. Most of the interests being sold by the Company are within the mentioned areas (pools) for good oil production. One is even in an area of higher potential producing oil from one well with much more land for further drilling.

Reason Selling: Owner retiring

Business For Sale By

Alan Brind

585-624-7998 Ext 111

Business Brokers New York, LLC

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