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Badland Ratholes
Location: United States -> Wyoming -> Gillette
Industry: Agriculture > Other Agriculture

Business Summary

Badland Ratholes is a start-up private organization in Gillette, WY that provides initial onshore sub-contract drilling services to independent and major exploration and production oil and gas companies. Its focus is to operate in prolific oil and natural gas production throughout the Midwest regions in the United States. Department of Energy well states that oil is the life blood of the economy and the US Energy Information Administration project positive growth for consumption and production for the next several years. Every aspect of our lives is heavily dependent on this energy as well as gas. DOE and government agencies in the state of North Dakota and Wyoming indicate record breaking rig counts. As demands and interests of onshore production continue to grow, an opportunity for our services arises to capitalize and meet these needs.

The first is the need to offer services which are based on market demands and economic stability. This company is perfectly positioned to capitalize on current as well as future alternative energy demands in the ever changing markets. Currently there are record breaking rig counts, newly discovered oil reserves, and demands as well as activities are projected to rise. The second is to utilize our position and benefits such as 8(a) and TERO which grants us guaranteed government jobs of up to $35 million a year for 9 years and access to Native American Territory where major oil reserves lie. According to the financial projections in this business plan, Badland Ratholes is seeking an investment in the amount of $1-2 million. These funds will be used to purchase equipment as well as provide sufficient working capital during the company's first few months of operation.

If you are interested in this investment opportunity please contact the following:

Lance Wipf


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $4,800,000
Cash Flow:   $2,000,000
Cash Flow Type:  EBITDA
Inventory:  $1,000,000
Seller Financing:  No

About The Business

Year Established:  2011
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned

About The Sale

Reason For Selling:  Investment opportunitity.

Print Listing Id: 700169047
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