Business for Sale Overview:
Very well established onshore, contract
drilling company has a large base of loyal repeat
customers that are very pleased with the company’s
expertise, proficiency, and service levels. Company
provides turnkey and day work services for drilling,
completion, and workovers of oil, gas, and injection
wells. Most of their work is done in the oil patch.
Major services include vertical wells to 14,000 feet,
directed holes to 13,000 feet, disposal wells, re-
entries, abandonment, front-end engineering, and
project management. There are numerous growth
opportunities. These are additional services that
could be provided to the existing customer base.
Company has an excellent strategic location in the
heart of the oil patch in South Louisiana.
This is a very financially stable company with
consistent, quality sales volume and cash flow.
Company has a strong reputation in the oil patch for
safety, environmental protection, productivity, and
competitive pricing. Company has a large, stable
workforce of highly trained, skilled workers that are
the envy of the industry. Real estate used by the
company is owned by the company principals. They are
open to negotiations to acquire it by suitors of the
business. All company machinery and equipment is
exceptionally well maintained. It is in excellent
working condition.
If new owners so desire, the selling principals
are willing to stay on and run the business operations.
This is an exceptionally well run company, precisely
positioned in the industry. It will make an excellent
acquisition for a strong player in the oil patch.
Also available for sale is a large contract
directional company that does on and offshore work
internationally. Both companies are currently
available for sale. Please contact us for an offering
memorandum on either or both of these companies.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.