Business For Sale Listing 142300
Oil Field Service - Directional Drilling
Status as of Oct-5-2008 at 06:01 PM: Off The Market
Business Summary
The Company is a leading provider of directional and other drilling services to oil and natural gas exploration and production ("E&P'') companies operating both onshore and offshore in the United States. The Company employs an experienced team of full-time drillers utilizing state-of-the-art equipment for well planning and engineering support, downhole guidance services and well site directional supervision services. Since its inception, the Company has experienced excellent growth and is a respected niche player in the oilfield services industry, delivering exceptional quality and service to its clients.
The Company's longstanding focus on client service and experienced management team and employees have enabled it to generate impressive growth since its inception. In 2008, the Company is on track to achieve sales growth over 2007 in excess of 100% and an EBITDA growth rate of over 200% over 2007 adjusted EBITDA. In 2007, the Company achieved adjusted EBITDA of over $1.1 million on sales of nearly $10 million.
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Industry
Location
Financials
| Sales: |
Between $10 Million And $25 Million |
| Profits: |
Between $2.5 Million and $5 Million |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
