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