Permian Petroleum
Sharing revenues from profitable oil well production from oil wells with known reserves
https://wefunder.com/permian.petroleum
Total raised on Wefunder: 0
Total investors: 0
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.