$6,999,000 - Wilcox, PA
0 Rasselas Road Wilcox, PA - Brawand Oil & Gas / William H. Brawand Estate operates a vibrant oil and natural gas enterprise, with over 90 permitted shallow oil wells, extracting premium Pennsylvania crude and natural gas. With ownership of all land, minerals, sand, stone, and oil and gas rights, Brawand Oil & Gas encompasses approximately 330 acres, supplemented by an additional 30-acre lease with wells. Over half of the property is cleared, facilitating easy access via 75 miles of interior well-maintained roadways. Additional oil well locations are possible on already-cleared land. Breathtaking views exist for future dream-home placement; even a private helicopter landing zone is possible. The infrastructure is robust, including a hunting cabin (with generator), private communications tower/building, a campground, homes (with generators), storage outbuildings, and barns. Utilities include three-phase electricity, water wells, freshwater ponds, septic systems, natural gas heating for buildings, and access to major electricity grids and natural gas transmission lines. Situated in a highly dynamic development zone, the property enjoys proximity to various significant projects of the 21st century. Within a 10-mile radius, hundreds of acres of solar farms are being constructed, while cryptocurrency mining operations and Marcellus and Utica shale drilling are nearby. The 330 acres is very near the Allegheny National Forest and the Elk State Park. It is bound on two borders by the Conservation Fund, opening hundreds of additional acres for public hunting, fishing, and boating. Wildlife abounds on the private property: deer, turkey, fox, bear, beaver, pheasant, coyotes, and more. Hundreds of acres of ATV trails provide outdoor enjoyment on and near the property. Here exists plenty of room for tiny homes, campers, feed lots, natural habitats, or industrial/lumber facilities development. The acreage could also easily be used for hay crops and even cattle. The property is easily accessible from the Pittsburgh and Buffalo International airports, two regional connector airports within 40 miles, and Interstate 80 & US 219. The area is a hub of activity. The presence of the U.S. Army Corp of Engineers (Elk State Park) and a thriving ecosystem of businesses cater to these industries. From stone and shale suppliers to trucking companies, heavy equipment providers, and nearby restaurants, shopping and banking services, the area offers comprehensive support. A skilled workforce is readily available, and shipping routes facilitate efficient operations. With a rich history of energy sector expansion, spanning a century, the region embraces both traditional and renewable energy ventures. Moreover, the county hosts approximately 50 powdered metal factories, complemented by nearby refineries, and sustains an active logging and paper industry. The confluence of these factors positions Brawand Oil & Gas at the forefront of an energetic and diversified economic landscape, poised for continued growth and innovation.