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Details

Dec 19, 2019The company provides new and used tubular sales as well as truck rental services to oil and gas production companies in the Permian Basin.

Key aspects
· Diversified service offering for the oil and gas market
· Fleet truck services for short and long hauls
· Tubular sales for downhole oilfield services
· Turnkey solutions to oil and gas drilling and completion needs
· Located in the oil abundant Permian Basin
· Over 85 years combined experience

Opportunities
· Increase sales and marketing team
· Expand to neighboring states outside of current market
· Further expand on existing services
· Invest in updating current facility as a fully functional pipe yard
· Bring on an in-house mechanic

Headquartered
· West Texas in the Permian Basin

Current markets
· Oil and gas production companies having operations in the Permian Basin, specifically in the area of West Texas to eastern New Mexico.

Real estate
· The companies leases a five-acre property from a related third party.

Shareholder/owner objectives
· The owners of all entities are looking for a full sale of the businesses to pursue other interests. They are willing to remain onboard for a transitionary period.

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