Posted by Alan D. Humphrey (66.38.29.23) on April 02, 2008 at 08:17:53:
FOR SALE OIL & GAS WELLS SHALLOW 300' +- FORT PAYNE FORMATION
Subject: FOR SALE OIL & GAS WELLS SHALLOW 300'+-
FORMATION. RETIRING OIL & GAS MAN WITH 50 YEARS EXPERIENCE SELLING 4 SHALLOW WELLS & 100+- ACRE OIL & GAS LEASE.( OIL & GAS LEASE ONLY NOT LAND). 2 OF THE WELLS CAN BE PUMPED NOW WITH GASOLINE ENGINES.(ALREADY INSTALLED). 2 OTHER WELLS ARE EQUIPPED AND WILL NEED MINOR RE-WORK. 1- 100 BBL TANK WITH APPROX 75 BBLS. OF OIL WILL GO WITH THE LEASE IF YOU BUY BEFORE HE PUMPS THE TANK FULL AND SELLS IT.
I HAVE PICTURES I CAN E-MAIL. FORT PAYNE IS A VERY HIGH GRAVITY OIL. MOST LOOKS LIKE UNLEADED GASOLINE. HE IS FAIRLY CONFIDENT THE 4 WELLS TOGETHER, WHEN ELECTRICAL IS HOOKED UP AND ALL WELLS ARE PUT ON LINE, WILL PRODUCE APPROX. 4 BLS PER DAY +-. HE FEELS THIS LEASE HAS GREAT POTENTIAL FOR NUMBEROUS OTHER OIL & GAS HORIZONS AND SO DO I. EVEN UP TO 5000'+-.
THE LEASE IS PRICED FIRM AT $85,000. YOU WILL HAVE A TOTAL 75% LEASE WITH LANDOWNER'S/RETIRING OILMAN'S R.I. FACTORED IN. YOU'LL HAVE TO CHANGE OVER WELL BOND IN YOUR NAME. 300' WELLS WILL COST APPROX $500 EACH.
HE'S BUILDING A MAN MADE LAKE WITH THE REVENUE HE RECEIVES FROM THIS SALE.
I'M SELLING THIS LEASE FOR A FRIEND I'VE PERSONALLY KNOWN FOR OVER 25 YEARS. YOU'LL FIND NO ONE EASIER TO WORK WITH. IF YOU LIKE I CAN HANDLE ALL PHASES OF THE OIL & GAS OPERATION FOR YOU, FOR A FEE OF COURSE OR YOU CAN TAKE THE BULL BY THE HORNS AND DO IT YOURSELF. YOU'LL NEED TO SIGN A NON-DISCLOSURE NON-CIRCUMVENT AGREEMENT BEFORE YOU LOOK AT THE LEASE. AS OF NOW I HAVE LIMITED INFO. JUST SAW IT TODAY. GET IT BEFORE IT GETS HOT. COME AND LOOK FOR YOURSELF.
contact: HUMPHREY OIL & GAS INC.
ALAN D. HUMPHREY ( PRESIDENT)
E-MAIL: humphreyoil@hotmail.com
ph. 270-433-7612, cell( call last) 270-433-1319
efax 630-604-4287