| Asking Price |
Not Disclosed | Inventory |
|
|---|---|---|---|
| Gross Income |
$1,612,000 | Real Estate |
|
| Cash Flow |
$144,000 | Year Established | 2003 |
| FF&E |
N/A | Employees | 18 |
* included in the asking price
** not included in the asking price
This is a ground-breaking seismic and reservoir characterization software developer and consultant for the oil & gas industry already set to top $3,500,000 in sales & $1,350,00 in EBITDA for 2007. The Company s technologies are so superior that a significant portion of the 60 projects completed over the past 4 years were for competing firms. Cross-platform software features patent-pending technologies in the field of pre- and post- stack high resolution seismic inversion, spectral imaging, faulted framework modeling and geocellular grid building, geologic modeling constrained by seismic attributes & fracture modeling, capable of reaching resolutions of 1 to 3 meters. Scheduled for commercial release in the coming months, the software could easily become the industry standard by 2010. Patent-protected fracture modeling software has been licensed 12 times since release in 2004, although it has never been marketed. Consulting services compliment the software, providing a comprehensive package for those firms that prefer to outsource exploration & production projects. The Company has provided consulting services for a number of national oil companies worldwide; at present, it boasts an especially strong presence in North Africa where profit margins run very high & growth potential is staggering. Project backlog of between $3,000,000 and $4,000,000 to be completed over the next 18 months. Strong software development team, outsourced from an engineering firm, can develop any software application in a timely manner and at a competitive cost. The founding principals, all long time veterans of the oil and gas industry and highly experienced in their respective disciplines, would like to remain with the Company.
Facilities: The Company operates from four leased spaces. The HQ are US-based; the remaining operations support global consulting projects and software development.
Growth/Expansion: Scheduled for commercial release in the coming months, the Company s proprietary software could easily become the industry standard by 2010. The right investor could guide the company to realizing the incredible growth potential it possesses.
Financing: Seller wishes a cash transaction
Support/Training: As needed
Reason Selling: An investor is needed to realize the truly phenomenal potential of this company.

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