Hot Listing
Oil and Gas Company
Asset Sale Description
Sundance Oil LLC presents a unique opportunity to acquire an oil and gas company with two undeveloped shallow oil leases located in the Black Hills of Wyoming, Crook County. This asset sale includes the company and valuable petroleum development rights on a 36,000-acre ranch with proven production potential.
Key Asset Details:
- Two virgin Cretaceous oil deposits under lease
- Exploratory well already drilled and cored, revealing a 20-foot pay zone
- Sweet, green crude oil with 26 gravity
- Gas/water drive system identified
- 82% Net Revenue Interest (NRI) on leases
- Two locations surveyed with permitting underway for first well
The property benefits from easy access within an established ranch setting. An exploratory core analysis has confirmed commercial-grade oil deposits, providing substantial de-risking for future development. The seller brings extensive operational experience in the township with a track record of successful operations.
This turnkey opportunity includes the complete company structure along with development-ready leases positioned in a proven hydrocarbon region. The shallow depth of the deposits may offer cost-effective extraction compared to deeper formations common in the area.
Seller financing is available to qualified buyers. The owner is retiring after years of successful operations and will provide advisory support post-transaction to ensure smooth transition of operations and local knowledge transfer.
Ideal for experienced oil and gas operators or investors seeking entry into Wyoming's energy sector with pre-analyzed, development-ready assets in an established production area.
Key Asset Details:
- Two virgin Cretaceous oil deposits under lease
- Exploratory well already drilled and cored, revealing a 20-foot pay zone
- Sweet, green crude oil with 26 gravity
- Gas/water drive system identified
- 82% Net Revenue Interest (NRI) on leases
- Two locations surveyed with permitting underway for first well
The property benefits from easy access within an established ranch setting. An exploratory core analysis has confirmed commercial-grade oil deposits, providing substantial de-risking for future development. The seller brings extensive operational experience in the township with a track record of successful operations.
This turnkey opportunity includes the complete company structure along with development-ready leases positioned in a proven hydrocarbon region. The shallow depth of the deposits may offer cost-effective extraction compared to deeper formations common in the area.
Seller financing is available to qualified buyers. The owner is retiring after years of successful operations and will provide advisory support post-transaction to ensure smooth transition of operations and local knowledge transfer.
Ideal for experienced oil and gas operators or investors seeking entry into Wyoming's energy sector with pre-analyzed, development-ready assets in an established production area.
Detailed Information
- Years in Operation
- 1
- Facilities & Assets
- 200+Acres
Undeveloped
About the Sale
- Transition Support
- Advisory support
- Seller Motivation
- Retiring
Listing Info
- ID
- 2406952
- Listing Views
- 278
Listing ID: 2406952 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.