Junior Producing Oil and Gas Company
CANADA
| Asking Price: |
Gross: |
Cash Flow: |
| Undisclosed |
Undisclosed |
Undisclosed |
Furniture and Fixtures Value:
$0 ( not included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
The Junior Producing Oil & Gas Company is located in Western Canada. The Company has 64,988 gross acres, net acres of over 50,000 with a total greater than 100 wells, and over 200 km of pipeline.
The Company produces its own oil and gas. 80% of gas flows through their own pipelines and 100% of oil is processed at their plant facility which is fully owned by the Company.
The shareholders are pursuing a full sale of the business to a buyer who can grow the business further. The current owners are willing to remain in the business for a negotiated time period to ensure a smooth transition to new ownership.
The reason for the business sale is retirement.
Key Investment Highlights
Core properties produce directly to companies processing facility.
Horizontal development opportunities
Large block of land available for development with the ability to flow directly into the processing facility.
100% WI in processing facility
Low overhead costs and low production costs.
Processing facility has the capacity to process 2,500bbl oil/day and 3 mmcf of gas/day.
Great junior oil and gas operation. Excellent horizontal opportunities are available to the right buyers!
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willing to train:
Yes |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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