AS IS Sale includes approx. 20 Barrels of Oil Production Daily from Leases in 3 Counties -Liberty, Hardin & Polk- Operated by Drum Oil & Gas and C.F.O., Inc. The Office site building is situated on 100 Acres Leased for $200 per month currently. Also included is approx. 18 Acres near office and an acre in the town of Exhibit A contains a general list of personal property, building contents, oilfield equipment, industrial supplies, tools, motors,
4 Containers with an estimated $100,000+ retail value. Selling basically everything that Drum Equipment, Drum Oil & Gas and C.F.O., Inc. owns in this offering Including the Companies themselves with Assets and Liabilities including Railroad Commission Bonds
Only a few wells need plugging. Most Wells are producers and need to be repaired. These leases can be made to produce 200+ BOPD. (10X the current production level) Equipment needed to repair wells is included in the sale.