Producing Oil Well and New Development Drill with Investment Opportunities
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Financial Details
- Asking Price:
- $20,000
- Profit Metric:
- Cash Flow
- Location:
- Glasgow, KY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Unique investment opportunity in a proven producing oil well and two new drilling prospects.
Up to 50% working interest available, with immediate production revenue potential from the existing well.
Located in Glasgow, KY, with 16 years of operational experience and significant acreage (400 acres).
Description
This listing presents a unique investment opportunity in the oil and gas sector, located in Glasgow, Kentucky. The offering includes a working interest in a proven producing oil well that is ready for permanent completion and immediate revenue generation. Additionally, there are two new drilling opportunities on a highly sought-after lease, currently in the permitting phase, with drilling scheduled to commence in early April. The seller is offering up to a 50% working interest, which can be purchased entirely or divided among multiple investors. The business has 16 years of operational history. The property spans 400 acres in the Illinois Basin. The asking price for this opportunity is $20,000.
Industry Information
- Industry Description:
- Oil & Gas Property
- Classification:
- Agriculture
Operational Snapshot
- Year Established:
- 2009
- Reason for Selling:
- Investor passed away, family wishes to sell working interest.
Real Estate & Lease
- Status:
- Owned
Listing Details
- Listing ID:
- c0b926b0-e83d-4a60-a135-e4a518879e33
- Deal Status:
- For Sale
- Date Posted:
- February 28, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD
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