Commercial EnterpriseVerified Seller
Oil Wells for Sale - Proven Production
None, None
Asking Price$192,000
Annual RevenueUpon Request
EBITDA / Cash Flow$0
Executive Overview
Discover a lucrative investment opportunity with three producing oil wells and undeveloped acreage in Rio Arriba County, offering excellent tax credits and low operating costs.
Key Investment Highlights
- •Location: None, None
- •Asking Price: $192,000
- •Year Established: 1973
- •Employees: 1
This investment opportunity features 640 acres of oil and gas land in the thriving area of Rio Arriba County. With three actively producing oil wells, the property offers a promising avenue for revenue generation. The undeveloped acreage provides potential for further development, enhancing the long-term value of this investment.
Investors will benefit from excellent tax credits that effectively cover the cost of investment, alongside the advantage of low operating expenses. This is a rare chance to own a piece of the oil industry with substantial growth potential.
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