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Kentucky Land With Oil Wells, Hunting & Timber For Sale

Adair County, Kentucky
Asking Price:
$1M - $5M (USD)
Sales Revenue:
Under $100K (USD)
Cash Flow:
Under $50K (USD)

345 acres with 7 bonded, producing oil wells recently refurbished.
Electric powered pumps, recently inspected.
4 - 5 barrels per day production.
Several recent upgrades.
Great deer & turkey hunting!
Estimated timber value of $75,000.

Property Information

Real Estate:

Real Property Included

Location:

Prime oil site with surrounding properties pumping oil.

Business Operation

Expansion Potential:

Two wells have permits for deepening.
Geological study shows 5 wells with possible pay zones if lowered.

Reasons for selling:

Retirement

Employees:
1

Other Information

Support & training:

30 days

Furniture / Fixtures value:
$250,500 (USD)
Website:
Login or register to view link
Business closed / Asset sale:
Yes
Home based:
This business can be run from home.

Contact Information

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