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
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