Oil & Gas Equipment Rental with Patents

Not Disclosed, Alberta

Asking Price: Annual Revenue:
$375,000 $150,356

Manufacturing: Energy, Oil, Petroleum, Gas Production

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RE: Oil & Gas Equipment Rental with Patents Broker: Aaron Brownlee

Quick Facts

Asking Price: $375,000
Annual Revenue: $150,356
Net Profit: Not Disclosed
Cash Flow: $110,653
Total Debt: Not Disclosed
FF&E: $137,500
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 681652298
Broker Reference #: 06471-833401

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Business Overview:

An established and profitable Oil & Gas equipment rental business with patents in the US and Canada. This is a superior method to collect samples from the drilling process. The equipment is easily mounted at the end of the shakers that collects a true representation of drill cuttings drilled through a certain interval. The sample collected is vital in understanding the formations and drilling performance. This understanding is applied to improve production and reduce drilling costs. With the advances in drilling speed this technology is becoming key in collecting an accurate sample to represent the lithology. Target customers include mud logging companies, Wellsite geologists, operation geologists, national oil companies, drilling contractors, and rig monitoring companies.

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Reason for Selling:

Selling US patent and optional Canadian patent.

Additional Details:

  • The property is leased.
  • The owner is 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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