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New Cuyama
93254
93254
W120° 16' 2.3''
N34° 55' 10.1''
Contact Info
Jody Neal
1039880
Property Description

312 Acre Oil Producing Property with Lease and 50% of mineral rights. Leased and operated by E&B (fully bonded and insured). Paved access, 17- oil wells producing and paying royalties with oil prices high and rising. Trailing 12mo royalties average 2000/mo… trending higher. *Outside of the Cuyama water basin management area *good water profiles for well (over 200gpm according to geologist) *E&B Resources is the operator of the oil wells, they have bonds and insurance w/county so there are NO liability issues w/any future cleanup. *They are increasing production and more wells may com back online as oil prices/demand is strong. *This property is the key for their oil production. Tank farm and center of the arco field. *Good dove quail and 4wd

1818 Aliso Canyon Road

New Cuyama, California 93254, United States

  • Square Footage: 13,621,200 Sqft
$775,000
Listing ID#21936
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Basic Details
Property Type : Commercial
Listing Type : Active
Listing ID : 21936
Ref ID : 394785411
Price : $775,000
Square Footage : 13,621,200 Sqft
Lot Area : 312.70 Sqft
MLS : 25477183
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Agent info
Jody Neal
California Properties
California Properties
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