Oil Company and Properties for Sale in Orange County, CA

This listing presents an established oil company, Project Tycoon, located in Southern California, along with its associated real assets and properties. The business operates 16 distinct oil drilling locations within Northern Orange County. Of these, 12 properties are owned by Project Tycoon, with the remaining leased from landowners. The owned properties (Group 2 & 3) encompass approximately 175,888 square feet (~4 acres) and are currently equipped with nine oil pumps, a tank farm, and a pump station, rendering them undevelopable for residential use. Additionally, Project Tycoon holds mineral rights (Group 1 Lease) for four other parcels in Northern Orange County, which are also equipped with oil pumps and related infrastructure. The company owns both mineral and surface rights for its owned properties and mineral rights for the leased properties. Under the Group 1 Lease, a royalty of 16.67% of oil and gas income is paid to landowners, along with property and mineral rights taxes, and frontage landscaping responsibilities. The owner is selling due to retirement.