FOR SALE:
Cash-Flowing Conventional Oil & Gas Investment Opportunity
40% Working Interest | 36% Net Revenue Interest
Acquire a 40% Working Interest (36% Net Working Interest) in a 165-net-acre lease featuring established conventional oil and gas production. This opportunity offers immediate cash flow with significant long-term development potential.
Established Production
- 27 producing conventional oil and gas wells.
- Current annual revenue of approximately $30,000.
Exceptional Development Potential
- This property offers substantial upside beyond its existing production.
- Numerous undeveloped drilling locations remain across the leasehold.
- Existing infrastructure helps reduce future development costs.
- Industry operators in the area are reporting new conventional well payouts in as little as six months, depending on drilling costs, commodity prices, well performance, and operating expenses.
Whether you’re looking to expand an existing portfolio or acquire a cash-flowing asset with room for development, this property offers an attractive combination of proven production and meaningful upside potential.
CX-Energy NY Working Interest
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Tagline:
Cash-Flowing Conventional Oil and Gas Investment Opportunity
Alleghany County, NY
Independence Township - Address: New York
- State: New York
- County: Allegany County
- Township: Independence
- Net Mineral Acres: Working Interest
- Unitized: N/A
- Well/Unit Name: N/A