Oil & Gas Working Interest: Test Well & New Drilling Project
Financial Details
- Asking Price:
- $25,000
- Profit Metric:
- Cash Flow
- Location:
- KY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents an investment opportunity in the oil and gas sector, specifically offering working interest in a 6000-foot test well located in Central Kentucky. The well has been drilled, and completion pipe has been run and cemented. Geological data, including logs and mineralogy reports from samples, indicate multiple oil pay zones. This project is positioned as a significant discovery in the Appalachian basin. Additionally, the offering includes participation in a new well to be drilled in the Illinois basin, targeting proven deeper zones in a producing shallow field. The project is slated for completion within the current year, offering potential for rapid oil revenue generation and tax benefits. A minimum investment of $25,000 is required to partner in this venture.
Industry Information
- Industry Description:
- Oil & Gas Exploration and Production
- Classification:
- Agriculture
Operational Snapshot
- Reason for Selling:
- Partner's health situation
Real Estate & Lease
- Status:
- Onshore
Listing Details
- Listing ID:
- f4dacfbb-e512-4193-bf86-a400381c8ef9
- Deal Status:
- For Sale
- Date Posted:
- November 04, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD