Pre-IPO US Based Oil Producer
www.GlobalBX.com
Listing ID:
700215310
Listing Title:
Pre-IPO US Based Oil Producer
Quick Link:
http://www.globalbx.com/listing.asp?bId=215310
Industry:
Manufacturing
Industry Segment:
Chemical Manufacturing
Country:
United States
State / Province:
Texas
Area
Dallas/Fort Worth
City:
Asking Price Range:
$2.5M - $5.0M
Gross Revenues:
$120,000
Cash Flow:
$60,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2013
Number of Employees:
1 - 3
Business Description:
The Company is a private Florida company set up by oil men with a long history in the field. It is intended as a vehicle to obtain public funds through a listing to drive the expansion of operations in the southern USA. Initially three properties are being merged into the company. The first well to be drilled is already producing a small amount of oil via a test drill, but is predicted to hold anywhere from 28million barrels to 89 million barrels.
The initial S-1 registration (funding round) will be done in May 2014, and a second S-1 early next year. A listing will follow in 2015/2016.
An opportunity exists now, prior to the S-1 registration, for an early investor to receive deep discounts.
Funding requirements:
Now: $2,500,000 (min. $5,000)
First Round: $50,000,000 (min. $10,000)
Second Round: $660,000,000 (min. $10,000)
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