Bull Creek Gas, Oil and Coal 4355

Ranch Description

This expansive 4,355-Acre tract in Eastern Kentucky offers a rare combination of immediate income and long-term development potential. Currently, the property hosts nearly 30 active oil and gas wells, generating consistent revenue, with plans in place for additional wells to be developed. Roughly 7 million tons of recoverable coal that makes this property an investment of a lifetime.

Land

The landscape of this expansive tract is too vast and diverse to fully capture in detail. As is typical for Eastern Kentucky, the property features a blend of steep slopes and gently rolling terrain. Predominantly timberland, the tract also includes mountain streams, reclaimed land, and an improved road network providing access to oil and gas wells. Unique natural features such as rock outcroppings, caves, springs, and a variety of striking and scenic terrain make this property truly one-of-a-kind.

Improvements

The property also includes permits for coal mining, accompanied by a previously developed mining plan, offering a streamlined path for future extraction. In addition to energy resources, the land produces substantial annual timber income, making it a diversified asset with multiple revenue streams.

This property includes an active timber plan that generates substantial annual revenue from timber production.

Nine new oil and gas wells have been proposed and approved for installation on this tract, offering potential for future revenue.

Recreation

This expansive 4,355-Acre tract offers exceptional hunting and recreational leasing potential. Located entirely within Kentucky's Elk Restoration Zone, the property presents outstanding opportunities for elk hunting, along with abundant populations of deer, bear, turkey, and various small game. The land can be subdivided and leased to outdoor enthusiasts for a range of activities, including hunting, ATV riding, and other recreational uses.

Agriculture

The primary agricultural use of this property is timber harvesting, supported by a detailed and productive timber management plan that generates substantial revenue. However, there is also significant potential for diversification, with areas suitable for crops, food plots, building sites, and other development opportunities-allowing buyers to expand or create additional income streams

Water/Mineral Rights & Natural Resources

All existing mineral, timber, and water rights associated with this property will convey with the sale. The property's revenue streams are fully operational, offering a turnkey investment with immediate return on investment ROI. The details of the income can be discussed with the listing agent.

Estimated $8,000-10,000 royalty from gas and oil per month

29 active producing gas wells

Timber Income

Timber Assessment in 2015 of 4,024,047 board feet of timber as of 2013

7 million estimated recoverable tons of coal

2,860.85 +/- acres of Fee Simple

1,131.43 +/- acre of Mineral Only

363.83 +/- acres of surface only

4,355.46 +/- acres total

Location

The property is located just outside Cornettsville, Kentucky along Bull Creek and expands to the east for several miles.