DealStream Logo

Details

Mar 28, 2019The company is both a manufacturer and distributor for the patented seismoelectric instruments used for oil, gas, and groundwater exploration. This technology is used to depict both depth and yield of oil, gas, and groundwater reserves prior to drilling.

Key aspects
· Holds patent on propriety oil and water exploration technology
· Company´s systems have an overall success rate that far exceeds other geophysical systems used for groundwater and hydrocarbon exploration
· The machinery is user friendly; it does not require experience in geology or geophysics to successfully operate the system
· Attempting to reduplicate this system would be cost prohibitive as well as likely result in the violation of existing patents
· Lean company with no debt and ready to scale
· The technology could fit seamlessly into a larger organization, improving cost and time efficiencies
· Services are competitively priced and reduce the risk of digging a dry well

Opportunities
· The company could see tremendous growth with the right strategic partner
· Prospect to build relationships with large companies
· A cash-flush organization can retain an inventory, reducing delivery times and earning bulk pricing on manufacturing
· Intra-company cost and time efficiencies can be realized by larger organizations that incorporate this technology
· Increase marketing and relationship efforts with clean water focused non-profits in the developing world

Headquartered
· Texas

Current markets
· The company sells to a wide range of customers, including individual drilling entities, geophysical firms, non-profit organizations, and entrepreneurs. The company´s products are used across six continents. Most sales are in the United States and Canada.

Shareholder/owner objectives
· The owner wants to see the company´s products gain widespread adoption in the water, oil, and gas exploration industries and is open to various deal structures to achieve this goal.

Learn More About This Listing

Sign up for a free basic membership to start buying and selling. Learn about our membership plans.

By clicking "Join Now - It's Free" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.