Australian Power Supply Company

Dallas, TX
Dallas County


Asking Price: Annual Revenue:
$400,000,000 $20,000,000

Manufacturing: Energy, Oil, Petroleum, Gas Production


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RE: Australian Power Supply Company Broker: Bob

Quick Facts

Asking Price: $400,000,000
Annual Revenue: $20,000,000
Net Profit: $10,000,000
Cash Flow: $10,000,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1994
Employees: 5
BBN Listing #: 686950024
Broker Reference #: Not Disclosed

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Business Overview:

Well known oil & nat. gas drilling company located in Houston, TX. with a tremendous track record of success , will be drilling 100 new oil wells and 100 new natural gas wells on a highly productive 13,000 acre property in Maverick County, Tx. that has been producing since 1930.
The property currently has 36 natural gas wells with one still producing after 90+ years , the first oil well was just recently completed in the BUDA LIME. zone ( 2,600 ft ) producing 85-100 BOPD and plenty of natural gas. Plus, in this same well , the AUSTIN CHALK zone at 1,800 ft also holds plenty of oil . The surrounding areas are being drilled by many of the majors such as Shell , Conocophillips, Apache, Anadarko ..
The property has primarily been severely underdeveloped , especially for oil . In 1930 one of the first gas wells drilled hit oil at 1,800 ft ( Austin Chalk ) it flowed over 350 BOPD for 40+ days before being brought under control but NEVER produced, they simply continued down to 5,600 ft for the gas . This same oil is now coming out of the ground on it's own and flooding the surface all around 3 of the oldest gas wells which are spaced out approx. 1/8th of a mile from each other . One has a 40ft deep pit full of oil ( I have videos showing the oil on the surface around these wells , I shot it in Dec. during a visit . Very realistic to expect $10-$20 mil + income a year from the 20 wells .
Right now they are drilling 1 well at a time with individual investors but looking for partners who can do a package of 10 or more oil and 10 or more gas wells , they are very flexible /open to partnerships that work for both sides . Call me for a full book of info , a call ,and or a visit to the site can be arranged and I encourage it. The company had a $60 mil. commitment from a European co. last yr. but before the drilling started COVID hit and obviously the industry came to a halt. Bob 201-233-9652

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Property Features and Assets:

13,000 ACRE LEASE IN TX.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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