Oil Production Business 1200 Acres with 50 Wells For Sale - Business for Sale
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Oil Production Business with 50 Wells in TN/KY Border Region
Gallatin, TN, US
Added 18 days ago
Energy - Oil Production
Absentee / Semi-Absentee
Oil production business operating 50 existing wells across 1,200 acres on the Tennessee/Kentucky border, with all infrastructure and leases included.
Key Information
Asking
$998K
Revenue
$810K
Earnings
$401K
Multiple
2.5x
Key Highlights
- Business includes 1,200+/- acres with 50 existing oil wells on eight oil leases.
- Combined output is 28 to 30 barrels per day from all wells.
- Business is located on the Tennessee/Kentucky border in Gallatin, Sumner County, TN.
- All associated equipment and infrastructure are included; experienced oil workers wish to stay on as minority partners and operators.
Contact Info
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