Oil & Gas Drilling Services in ___

Featured on dealstream.com . 36 viewed

Asking Price

$16,250,000

FOR SALE - ACTIVE

Detailed Information

Location

United States

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This company offers oil and gas drilling services, rigging, and other oilfield-related services using four drilling rigs that can reach depths of up to 14,000 ft. Additionally, they provide equipment hauling and distribute branded drill bits. The owner serves as the General Manager overseeing operations. With a focus on oil and gas exploration, this company utilizes advanced drilling equipment to reach deep underground reserves. Their services extend to equipment transportation and the supply of specialized drill bits under their own brand. The owner plays a key role in the company as the hands-on General Manager, ensuring efficient operations. By leveraging their fleet of four drilling rigs with the capacity to reach depths of 14,000 ft, this company specializes in oil and gas drilling services and related operations. In addition to rigging, they offer equipment transportation services and distribute high-quality drill bits bearing their own brand. The owner brings a hands-on approach to management, serving as the General Manager to oversee day-to-day activities and maintain operational excellence.

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