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Business Holdings For Sale

Marshall, TX (Harrison County)

Business Holdings For Sale
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Asking Price: N/A

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Gross Revenue: N/A

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Inventory: N/A

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Business Holdings For Sale

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Business Description

Business Holdings For Sale

Asking Price $5,500,000.00 - 65 Oil & Gas Well Development Prospect In N\E Texas - 400 To 600 Barrels Oil Per Day & 3.0 to 5.0 MMCFGD From Vertical Wells - 1,500 To 3,300 Barrels Oil Per Day & 10.0 To 30.0 MMCFGD From Horizontal Wells - 75% to 81.25% NRI On 1,450 Acres Surrounded By Production On All Sides By Majors - 2-D Seismic, Feasibility & Pertrophysics Studies - Oil Trap - Gas Tap - Road & Loc. Built & Ready To Drill- Targets Are Cotton Valley, Bossier Shale, Haynesville Shale & Smackover Formations With 3,500' Of Sand To Test - Structurally High - Revenue For A Vertical Well $73.0 To $100.0 Million - Revenue For A Horizontal Well $220.0 To $300.0 Million - Life Of Wells 20 to 40 Years With A Success Rate Of 90% Or Above - Fourth Largest Gas Play Worldwide

Detailed Information

Location:
Marshall, TX
Employees:
3
Facilities:
Home Based
Support & Training:
All Spreadsheets Which Includes Lessor Names, Amount Of Acreage, Override Interest, Tract #, Leased Dates & Expiration Dates For Each Lessor - 300 + Lessors Are Involved In This Prospect And KMK Has Approximately 95% Of Their Contact Information Which Took Over A Two Year Period To Obtain - AFE's Available For The 12,500' Producer - Facility Sharing Agreement On Gas T
Reason for Selling:
Health Issues
Business Website:
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Business Listed By:
Ken K

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