Louisiana Oil Well Workover Opportunity for Fast Cash Flow
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Financial Details
- Asking Price:
- $4,450
- Location:
- LA, US
- Source:
- Date:
- August 16, 2025
Key Highlights
- Opportunity to invest in reopening historically productive oil wells in Louisiana.
- 15% working interest available with a Net Revenue Interest (N.R.I.) of 0.70% per percentage point.
- Minimum investment of $4450 for a 0.50% interest.
Description
Opportunity to participate in a development program at Larto Lake Field in Louisiana to reopen 15 historically productive wells. Seeking capital to initiate work on the next three wells with recoverable reserves estimated between 750000 and 1000000 barrels. A 15% working interest is offered for sale, with a Net Revenue Interest (N.R.I.) of 0.70% per percentage point. Minimum buy-in is 0.50% totaling $4450.
Industry Information
- Industry Description:
- Oil & Gas
- Classification:
- Manufacturing
Listing Details
- Listing ID:
- 64532380-d3a0-450f-bf29-b8fb1bec1b13
- Deal Status:
- For Sale
- Date Posted:
- August 15, 2025
- Last Updated:
- August 16, 2025
- Currency:
- USD
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