Gas & Oil Well Production Testing Company For Sale

Business description

Company provides gas and oil well production testing to the growing Western Canadian Oil Industry. Their services are in high demand due to the rise in oil prices. Company has highly experienced crew able to perform complex procedures, in addition to a modern fleet of equipment.
Equipment
Equipment consists of a modern fleet with trailer mounted P-tanks, 60 foot flare stacks (allowing increased capability to test higher wells), and office trailers capable of all testing related activities.
Customers
Largest Customer accounts for 25% of the companies revenues.

Property information

Real Estate:

Lease

Location:

Northern Alberta close to the BC Border

Other information

Expansion potential:

Company is expanding into British Columbia due to its close proximity to this rapidly growing county.
The demand for oil, (and the profits from oil companies), are on the increase. This company is in a unique position to take advantage of that increase.

Competition / Market:

Company has strong management, with owner relatively absent from business. Revenue is increasing as oil patch drilling is increasing. Equipment consists of a modern fleet capable of all testing related activities with trailer mounted P-tanks, 60 foot flare stacks, and office trailers . Customers Largest Customer accounts for 25% of the companies revenues.

Reasons for selling:

Would like to pursue other opportunities

Furniture / Fixtures value:

$1,804,417

Related documents:

• 
• Oil Testing Company Teaser

Contact the seller