Commercial1818 Aliso Canyon Road, New Cuyama, CA 93254

Basics Details

  • Date added: Added 8 months ago
  • Type:
  • Building Area: 0 sq ft
  • Lot size, sq ft: 13,621,212 sq ft
  • Zoning:
  • # Of Units:

Description

  • 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

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