# Permian Petroleum

Sharing revenues from profitable oil well production from oil wells with known reserves

- Canonical URL: https://wefunder.com/permian.petroleum
- Entity ID: wefunder:company:173887
- Last updated: 2026-06-18T23:54:27Z
- Generated at: 2026-06-19T04:00:32Z

## Quick facts
- This is an opportunity for investors to share in the revenues from proven oil wells in West Texas
- Permian Petroleum owns 12 oil wells with known production and additional reserves "behind pipe."
- These wells are estimated to produce 200 barrels of oil/$14,000 per day or $5.1 million per year
- An investment of $1,240,000 is expected to return $1,132,387 per year to investors
- Investing in these wells with proven reserves "behind pipe" is less risky than investing in drilling
- Permian Petroleum LLC is operated by veterans in oil production with a long and successful history
- These wells are located in the Permian basin, one of the most prolific oil fields in the U.S.

## Active fundraises
- wefunder:fundraise:133727: 4(a)(6) open (USD)

## Team
- Andy Westmoreland (Chief Executive Officer)
- Reed Macy (Chief Financial Officer)
- Don Campbell (Director Oil Field Operations)

## Q&A
- Q: This opportunity looks like a great one ! I wanted to inquire if the $50,000 goal isn’t met would all existing investments still be able to participate or would the campaign be closed in its entirety ?