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Growing Provider of Directional Drilling Services

Our firm currently represents a directional drilling company with turnkey capabilities which include computerized well planning and engineering services, drilling equipment, drilling field management, maintenance facilities, as well as administration and coordination. Strong record of profitability – historical EBITDA between FY 2006 and 2008 averaged $5.8 million per annum, representing an average margin of 28.1 percent. Possessing one of the most advanced directional drilling and well engineering software packages available, the company is able to supply advanced directional drilling design, torque and drag modeling, anti collision/close proximity reporting, hydraulics optimization and drilling data management to its clients. State-of-the-art equipment provides directional control and a downhole drilling motor provides the primary rotational power to the drill bit. Drilling motors are designed to satisfy the highest standards of performance and reliability. Boasts a highly qualified staff, whose services include pre-job planning as well as on-site performance. Services are provided almost exclusively to the Canadian oil and gas industry, to include production and exploration companies, with capabilities to expand to the U.S. High rate of repeat as well as strong referral business. Recently acquired, a related business in the northwest United States will increase capacity and rapidly inflate sales.