mike bommer
Galloway, OH (USA)
Role(s):
Founder/Owner/Principal
edem oil llc
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Startup
Location:
Galloway
Industry:
Other
Year Founded:
1988
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
"S" Corporation
Description:
NW Louisiana Oil Wells Existing Proven Undeveloped Reserves. NW Louisiana Oil Wells For Sale For $2,000,000 each. Established fields since 1988. The owner states that each well is drilled with with no other costs involved. 3 to 5 barrels per day are average with a 2 barrel per day warranty for 12 months! Reserves are 4.5 million barrels of proven undeveloped. These are injection wells and Owner plans on drilling 3,000 to 4,000 wells on 5 different leases. 50% working interest to potential investor. Wells last 20 to 25 years. This is oil development on proven reserves. (Great Potential). These are the old Getty/Texaco fields. Very well known fields