Mining | Mfg. - Petroleum Refining

$Seller Financing Available

Asking Price	$3,500,000	Inventory
Gross Income	$2,527,000	Real Estate
Cash Flow	$750,000	Year Established	N/A
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Fully functional turnkey Oil & Gas Field Operation is available for acquisition in the big sandy region of Eastern Kentucky. With a full service operating division, lease acreage, existing production, production upside and a gathering and road network. This field has an extensive Geo-Scientific survey. All wells are monitored with satellite well monitoring systems. Estimated length of production for Devonian Shale Wells is 30 to 100 years. This field carries a 100% success rate for drilling activity in the past 5 years. Asset summary: 2,000 acres more of less (=30 drilling locations). 100% Working Interest 87.5% Net Revenue in 5 producing wells and 3 reworks for a total of 8 wells. Most wells drilled to the Coniferous Formation (approx. 2,000 feet). 4 are fully cased and have received high rate and high volume nitrogen fracture stimulations. 800 sq. ft. office and bunkhouse, 1,525 sq. ft. shop area with 1.86 acres lay-down yard. Full shower, gas, heat, phone, etc. Satellite Flow Metering. Casing, Tubing, Various Trailers and Tools Trailers, as well as all tools and other supplies. Electronic Logs on all wells. Cameras on some. =5 miles of gathering system. 1 Chicago Pneumatic 650 Rotary Drilling Rig. 1 Ingersoll Rand 950/350 Air Compressor Unit. 1 Bucyrus Erie 60 Cable Work-over Rig. 2 Utility Pickup Trucks. 1 2 Ton Winch Truck. 1 2 Ton Water Truck. 1 Ford 9000 Road Tractor. Caterpillar D-4 Dozer. Geophysical Logging Unit and Down-hole Color Camera. Seller is very motivated and is willing to look at all reasonable offers. Seller may also finance a portion of the purchase price for a qualified buyer. For more information, please contact Laszlo Nemeth of The Associates Business Brokers: (213) 624 6500; Info@TheABB.com. Type of Sale: Asset. Asking Price: $3,500,000. Gross Revenue: $2,527,000. Net Income: $750,000. DRE Lic. NO: 01402579.

Seller Financing Available: Yes

Financing: Seller may also finance a portion of the purchase price for a qualified buyer.

Support/Training: Negotiable.

Reason Selling: Retirement.