- Bought at auction means you own the property, and the property is registered in your name and all proceeds go to you directly from large oil and gas producers, ExxonMobil, Shell, British Petroleum, etc…
- Evaluate Existing Producing Commercial Wells in domestic United States.
- The properties are primarily owned and operated by large oil companies (ExxonMobil, Shell, British Petroleum, and many more…)
- Bought and Sold at Auction.
- Acquired thru Trust Liquidations, Banks and Insurance Companies.
- Monthly cash flow
- Generally Liquid
- Can be in a Trust
- IRA Suitable
- 1031 Exchange Suitable
- Partially Tax Free
- Current Return can result in a ten-twenty-two percent (10%-22%) return per annum. Price per barrel is determined by market price.
- Cherokee Oil and Gas Company has evaluated over 1200 working and Royalty Interests totaling 100,000 barrels of production every week. MCF of gas production totals are not available.
- This is deemed a land sale or Royalty Interest or Working Interest purchase.
We cannot quote a specific yield because the rate is fluctuating every month.
This document and the materials contained in it are neither an offer to sell nor a solicitation of an offer to buy any security in any state or jurisdiction.
Current and past performance is not a guarantee of future performance or returns.
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