Jan 7, 2019 — Drilling Contractor: Revenue $36,000,000+
Average annual EBITDA $8,000,000+
Zero debt on the company, all organic growth
Oil & Gas drilling & trucking company for sale, operating in the Permian Basin for 30+ years.
14 Drilling Rigs Total + pipe & collars
23 heavy haul trucks & trailers for rig moves
Two yards, one for drilling and one for trucking. 10 acres each with office space.
Numerous legacy MSA's
Trucking company brings in additional revenue stream hauling rigs and other completions/production equipment.
Tons of new equipment. CAT engines and parts, new pipe and collars, new drawworks, new derricks.
Management will stay. Several contracts in hand with large E&Ps and large US independents.
Long term contracts for 2019, several tern-key wells still to be drilled on roadmap, along with day rate contracts.
OWNER FINANCING AVAILABLE