3 Kentucky Oil Leases For Sale - Business for Sale
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Three Kentucky Oil Leases with Equipment for Sale
KY, US
Added 1 month ago
Oil and Gas Leases
The business for sale consists of three oil leases located in Warren County, Adair County, and Cumberland County, Kentucky, including equipment and inventory on 625 acres of land.
Key Information
Asking
$415K
Revenue
$253K
Earnings
$221K
Multiple
1.9x
Key Highlights
- Annual gross sales are $253,440.
- Owner benefit is $221,176 per year.
- Includes 3 oil leases located in Warren County, Adair County, and Cumberland County, Kentucky.
- Sale includes equipment valued at approximately $300,000 and inventory valued at approximately $300,000.
- Leases cover 625 acres and include 3 to 210 tanks, 8 to 100 BBL tanks, and produce 8 barrels per day.
- Working interest is 87.5% on two leases and 85% on one lease.
Contact Info
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