Illinois Basin Two Well Drilling Program

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Financial Details

Location:
IL, US
Source:
Date:
September 09, 2025

Key Highlights

- Two-well drilling program in Illinois Basin, Union County.
- 403 acres leased with encouraging oil shows.
- Operator carried for 20% working interest in 80% net revenue project.

Description

This listing is for a two-well drilling program in the Illinois Basin, Union County. Approximately 403 acres are leased with encouraging shows of oil. The estimated cost for completing the two wells is $1238000. The operator will be carried for 20% of the working interest in this 80% net revenue project. Bitcoin mining operations may provide an additional revenue stream.

Industry Information

Industry Description:
Oil & Gas
Classification:
Manufacturing

Listing Details

Listing ID:
513c53f2-944a-430a-8c8f-edd1b743eaf9
Deal Status:
For Sale
Date Posted:
September 08, 2025
Last Updated:
September 09, 2025
Currency:
USD