Mfg. - Petroleum Refining | Mining

Asking Price	$975,000	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

W Louisiana Oil Producing Company for Sale For $975.000! The breakdown of this company is as follows: 35 barrels/day production; shallow wells; 1/3 of production has 75% revenue interest & the other 2/3 has 82% revenue interest; 22 gravity oil; 52 wells producing; 30 wells that could be put back into production; all wells within 1 square mile, easy access; new central tank battery; all new flow lines; upgraded electrical system with automatic lease shut-down to prevent spills. The expenses & figures relative to the production are : Electric bill for this operation is roughly $8,000.00 per month;- Chemical bill is $1,500.00 per month; Well servicing runs approx. $6,000.00 per month; Example of what these wells currently bring in: One month in 2009 oil sales totaled 858.56 barrels & sold for $66.958 per barrel which would be $57,487.46. In addition to the 51 listed above there are 31 that could be put back into production, about half of which have tubing & rods. There are 7 salt water disposal wells, 5 we use & the other 2 need repairs. To put all wells back into production, someone would have to spend another $150,000.00 -$200,000.00. The operating cost above does not include labor or transportation for checking wells and treating wells with chemical.Interested? Please contact us now for more information.

Facilities: Located in the North West Region of Louisiana.

Competition: Little to no competition

Growth/Expansion: Great potential for expansion by Implementing a mobile part unit & fixing all rework wells

Support/Training: Ongoing support & training will be provided. After first year reasonable priced consulting can be added.