Palm Beach County, FL
Established 34 years. This company specializes in testing underground tanks. Their services include compliance validations, over spill testing, leak detection, stage II testing & mandatory monthly visual inspections for the petroleum industry. Their services are used primarily by major oil companies and professional Florida based jobbers. Monthly recurring revenue is about $50k a month. Experienced technicians and secretary in place. Eight trucks and all equipment included. Please refer to Listing #640153838 and advisor Max Crescenzi when inquiring.
Oklahoma Gas Well $3k. Coal County, Oklahoma Gas Well. 160 acre shut in well. Produced 35 mcf in 2006, and has upside potential to 100 mcf. Close to the Woodford Shale Formation. 81.25% percent NRI.. 70% W.I. Fully equipped, includes all equipment on the lease. Contact Rodney 605-749-2248
they supply commercial and residential accounts thruout NY, NJ 6 trucks, operates 5 days a week. owner comes in 3 hrs a day. great opportunity for growth, has Lic for both NJ and NY, very hard to get these. Look to Www.libinandkatz.com for more businesses.
The key thing for buy-side prospects reviewing this is that the CEO/owner is very reasonable on valuation at this time. The company had EBITDA of $3.2mm in 2014. 2015 Adjusted EBITDA was $1.2mm, while many in this space were negative. This goes to show the strength of the CEO/owner and management to navigate through down times. In 2014, the business produced Sales of $6mm and $3mm of EBITDA and would have sold for north of $10mm. Right now, the owner would be willing to do a an outright sale, or a majority recap in the $3-5mm range, and the valuation inside that range is dependent on equity ownership (if any) retained if a majority recapitalization. The owner feels that now is the time to capitalize on the downturn to bring in some low-hanging fruit, including but not limited to a fishing tool rental assets that we can get for "pennies on the dollar". We believe other businesses would be complimentary as well. Ownership was too busy to take on these initiatives during the last "peak cycle", and is focused on a recap at this time to be prepared for the next cycle to maximize exit valuation with whoever we partner with today. Project OK Services is an oilfield service company providing laydown machines, pipe racks, hot shot/trucking, forklifting, crane, and well site management. OK Services is located in Oklahoma. The ownership is open to a majority recapitalization of the business. The company is able to protect on the downside of “new well completion” with its other services that are purely “work-over” and trucking. About 1/3 of Sales is derived from laydown unit/drilling service work while the balance is related to work-over and trucking. The balance is workover-related. Business Highlights: • Customer Base: The top customer is one of the best-positioned "majors" in the market right now. None of the top three customers are "in trouble" so to speak. • Competitive Advantages: The current owner is in his 40’s, and has nearly 25 years of managing, building, and starting oil field related services, so he knows the “ins and outs” of the market. Reputation is the biggest hurdle for entry to the oil patch. • Market Channels: The company’s customers are E&P / operating companies. The company has MSAs with major E&P companies versus focusing on independent players, a “who’s who” of the Oklahoma (and national) Oil & Gas market. Their top customer is a leading Gas producer as are several other top customers, so, again, oil prices not as much as a driving force here. Further, given the customer base is comprised of majors, most of these companies are “well-hedged” through 2015 and into 2016 to weather price volatility. • Personnel and Equipment: Project OK Services has grown to 17 employees, 7 laydown machines, 35 pipe racks, 20 pickup trucks, 4 semi-tractors, a crane truck, and several fork lifts.
Wyoming Oil Deal $40k 100 W.I. 329 acres 1 well (7200') Current Production .5 BOPD and 35 MCF Gas Surface equipment Located in Campbell County, WY Contact Rodney (307) 746-5463 or (605) 749-2248
Montana Oil Production $2.5 million Current Production 55 BOPD 100% working Interest 2480 acres, 9 wells Depths from 10k - 12,500k 100% W.I., 78% NRI, Richland & Dawson County, Montana Exceptional price $2.5 million Contact Rodney (307) 746-5463 or (605) 749-2248
This North Carolina based biodiesel producer makes premium biodiesel from vegetable oils obtained from domestic sources. Their target markets are the agricultural, marine, government, residential and commercial diesel consumers that are looking for clean, alternative diesel fuels to help reduce harmful emissions commonly found in petroleum diesel fuels. They produce and sell biodiesel made from Soybean Oil or Waste Vegetable Oil. This fuel is sold as 100% biodiesel (B100), a diesel diluted blend (B99.9, for tax credit purposes), or a 20% blend (B20) for use in certain trucks, cars and other fuel oil customers that want a lower biodiesel blend but still want the benefits of burning biodiesel. The customer base can change from year to year, depending upon competitive bids, customer demand, and government influence Their typical customer markets have been the following: 1. Off road Customers wanting B100 or B99.9 Biodiesel for use in generators, boilers, or off-road equipment. 2. Petroleum Blenders wanting B100 or B99.9 for use in blending diesel fuel for B2, B5, B10, or B20 blends for their highway fuel or off road fuel customers. 3. Petroleum Jobbers wanting B99.9 for use in blending with their diesel fuel, usually in B20 or B5 blends. 4. When biodiesel is cheaper than diesel fuel, there is a competitive advantage for petroleum suppliers to blend biodiesel with diesel fuel to a B5 or lower blend, and sell it to the customer labeled as straight diesel. This is because the US commerce laws do not currently require that biodiesel blends less than 5% be placarded as such. Thus, a significant savings can be found in buying biodiesel and blending it with diesel fuel. 5. Retail fuel customers that want B99.9 or B20 blends for use in their personal or work vehicle can buy biodiesel at the production facility which accepts all forms of payment. They have been approached to provide retail locations in Raleigh, Chapel Hill, and Durham. They sell fuels to customers domestically only, and primarily on the East coast. Most of their fuel sales have been made in North Carolina, South Carolina, and Georgia. They also have had supply contracts to NY that were picked up at their facility by the customer/broker. The plant is open Monday – Friday, from 8:00 am to 7:00 pm. At peak production times they have operated on Saturdays as well.
Oklahoma Oil Lease $90k 160 acres Currently producing 1-2 BOPD 560' depths.. 10 acre spacing.. Injection well in place. Washington County, Oklahoma Exceptional price: $90k Contact Robert 800-656-8485
50 BOPD Oil Field & Service Company $4.1m Steady Current production 50 BOPD Includes Oil Service Equipment to start oil service company and service this oil lease. Drilling rig, Hot Oil Truck, Welding Truck, and other Trucks, Back hoe, Real Estate, etc... 100% Working Interest, 80% NRI. Total Prime Acreage located in RICHLAND COUNTY, MONTANA: ACRES 2280 +/- NON-CONTIGIOUS. This project consists of 9 leases with 10 vertical wells. This is not a Fire Sale deal.. This opportunity is a Real deal, with Great upside potential. Quick Close Cash Deal: $4,100,000.00 Contact Rodney (605) 749-2248 | 800-656-8484
ELAP-Accredited Lab Specialized in Oil and Gas Testing on West Coast ======================== This 30+ year old, ELAP accredited environmental lab on the West Coast is well-established and serves clients from petroleum, agriculture, power, and other industries on the West Coast. The company is very strong in its core market, offering a wide array of analytical and field services for Petroleum and Power Sectors Roughly three fourths of its clients are from the Petroleum industry. It has a roster of about 400+ clients, and amongst them is the State, for which it samples and tests Green House Gases. The tests include those on crude, condensate, and gas tests, volatile and semi-volatile test methods, and tests on inorganics and also provides sampling service for them. The Laboratory is housed in 8,000 sq ft of space and it owns the real estate that is also part of the sale. COMPETITIVE ADVANTAGE ====================== The competitive advantages of the Company include: -Extensive client list -Comprehensive testing services -Includes field services - Only Lab in the area for some types of services - Exceptional client service - Rapid turn-around Times - Competitive pricing EXPANSION OPPORTUNITY ===================== The lab provides an ideal platform for growth for another environmental lab with focus on oil, gas, and power industry to expand in this geographic area. A buyer with more resources can help this lab expand its area of service. FINANCIALS ========== - Gross Revenue: $2.34 million - EBITDA: $314K - Asking Price: $1.3 million for business plus real estate at $800K
Oklahoma Oilfield Service Business $400k Tulsa county disposal well with established transport business and well maintained equipment servicing over 100 customers. Turnkey operation. Current income generated from the hauling of saltwater, disposal fees, and from reclaimed oil with greater upside potential. Equipment includes vacuum trailers, and bob tail trucks. Approved for 4,000 barrels a day. Professionally appraised. Owner retiring and motivated to assist new buyer in transition. Exceptional price: $400,000.00 Contact: Rodney 307-746-5463
Wyoming Oil Deal 35 BOPD $1.7m Current production: 35 BOPD Location: BYRON, Wyoming 680 Acres N0N-Contigious. 4-leases with 5 wells. Upside is room to drill 7 more wells. Producing from Phosphoria formation, and Tensleep Formation. NRI average of all 4 leases 79.875% Asking $1.7 Million Contact Robert 800-656-8485
Osage County, Oklahoma $9.5m Estimated 500-1000 BOPD 2240 acres +/- BIA Current production at 65 BOPD out of 10 producing wells. All are vertical wells. There are 22 well bores that need re-worked. Wells are down for 1 of the following reasons. Pumping unit, no power, bad flow lines, etc. 1- Disposal well rated to handle 10k bbls day @ 500psi. Reserves est at 7 million + bbls oil, 10 billion MCF gas. 81% NR, 100% working interest, and All O&G Minerals to basement. There is core data on every well. Current producing from (Red Fork, and Mississippian lime stone) Asking $4.5 million for 100% Current operator is willing to stay on. Upside is excellent. Quick fix would be in the range of $1-1.5 million to hit 200 bbls day. Long term fix would cost estimate: $5 million for re-work and drilling program to achieve 500-1000 bbls day production.
Wyoming Oil Field $330k Niobrara & Westen County, East Morrissey lease : 3300+/- acres . un-tapped lease. a lot of money has went into the radio metrics, and MDT geology of the lease. Geology estimates 53 million bbls oil reserves. 100% W.I., NRI 82.5%, 100% mineral rights from surface to basement. Asking Price: $330k Contact: Robert 800-656-8485
Wyoming Oil & Gas Field $550k Niobrara County, North Bright field: 1680+/- acre field with a shut-in gas well producing 4600 MCF day rate. Geology estimates 14 million bbls oil reserves. 100% W.I., NRI 87.5%, 100% mineral rights from surface to basement. Asking Price: $550k Contact: Robert 800-656-8485
The Company specializes in the design, manufacture, and installation of enclosed and elevated gas flares, systems, and control systems. The Company sells to major corporate customers in waste management, utility, gas processing, and other industrial markets nationwide. These industries have their own positive respective growth outlooks, and various regulations regarding emissions and general environmental concerns provide underlying support for the company’s future revenue growth, especially internationally. Projects are generally specific or custom tailored, and can range in size from $125k for a basic system to $900k for a complete design/build system with control panel systems. The company has been successful in this industry due to effective resource utilization, streamlined product/installation delivery system, very high technical competence, and a strong reputation, and this has boosted their repeat business to 80%.
Successful, timely and well-managed this business is a gem in its field. 90% is repeat business, 10% comes from word of mouth. Offering hauling services to oil fields across the plains of west Texas. They work with the oil field supply companies hauling pipes and tubing to the well sites. With an experienced team of drivers, and trucks well maintained and ready to go, the business brings in an impressive income. The services are operated out of a 3600 sq ft building on a beautiful five acre property. A highly trained staff of 14 full-time employees provides service for the surrounding region of oil fields with confidence and integrity every time!
Home oil delivery route, this business has been established since 1954. Loyal customer base and opportunity to grow business. This business has been extremely profitable. Owner is willing to train. Truck is in excellent condition. This is a good business to expand your current fleet or start out and expand on the opportunity for a booming oil industry.
This Southwestern US Gold/Silver Processing Mill has an Active-Status captive processing and tailings (110(2)) permit. The mill is also centered between many small high-grade mining operations, and its 110(d) technical amendment will allow the business to “toll mill” for these clients. The mill uses conventional gravity and flotation technologies to produce gravity as well as a bulk, poly metallic Pb-Zn-Cu-Ag-Au concentrates, typical of the region’s ores. The mill’s permit allows up to 200 tons of ore per day and it is in process of being amended to 400TPD. Today the mill equipment limits the business’s capacity to 75TPD. Additional crushing capacity could bring production up to 120TPD. The operation is accessible 365 days per year. The company’s goal is to become a 400stpd toll/custom milling and refining company uniquely servicing small high-grade mining operations in the area.
Industrial storage facility offering both secured outdoor storage and climate controlled warehouses. Designed to store all types of industrial equipment including large or small exchanger bundles, pump motors, electrical motors, hanging shafts, compressors, pipes, all types of catalysts, and more. Strategically located in center of the Gulf Coast energy boom. Within 5 miles of 80% of local refineries, chemical plants and Interstate 10. Perfect opportunity for buying into and expanding in an industrial market said to surpass North Dakota's oil boom.
Texas Oil Reserve $900k* 100% working interest.. estimated 30-40 BOPD* $900,000 initial cash payment* Initial cash payment creates estimated* 4 wells drilled and completed, also initial cash payment goes toward down payment of total purchase of the land, minerals, and wells. Location Houston, Harris County Texas Contact Robert 800-656-8485
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