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Wednesday, July 23, 2014

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Siesmic Drilling Business for Sale

Operating since 1986, this oilfield services company is one of the larger independent seismic drilling contractors in western Canada. The company owns and operates ten drilling units in a mix of wheel, buggy and track equipment. Traditional business revenues are generated under contract with operating companies and geophysical data contractors. New opportunities are identified in the mineral exploration sector. The company recently lost key drilling management personnel due to the trimming of G&A in the global economic recession. The company seeks new management prepared to make an ownership purchase and who have experience and leadership in generating a renewed market focus with new business opportunities.

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