Australian Power Supply Company

Dallas, TX
Dallas County

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

Manufacturing: Energy, Oil, Petroleum, Gas Production

Request More Information
Contact the Seller

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

Email or Print Listing

Request More Information
Contact the Seller

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

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:


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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!