Oil, Proven Reserves (Mineral Rights) With Land - Business for Sale
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Oil Mineral Rights and Land in Maverick County, TX
Troy, MI, US
Added 8 months ago
Energy - Oil and Mineral Rights
This listing is for the sale of 100% mineral rights to proven heavy oil reserves on 4,926.5 acres in Maverick County, Texas, with an option to purchase 1,713.5 acres of land, focused on oil extraction in the energy sector.
Key Information
Asking
$28.5M
Revenue
–
Earnings
–
Multiple
–
Key Highlights
- 1,713.5 acres of land available for purchase for $5,200,000
- Location: San Miguel, TX, near the Eagle Ford Shale
- Calculated recoverable reserves: 98,600,000 barrels of oil at 30% recovery
- Calculated value of reserves: $4,390,000,000 (using $45.00 per barrel)
- Up to 40% seller financing available
Contact Info
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