Huge Oil Company Seeking Growth Capital

Listing ID: 700183198

Listing Title: Huge Oil Company Seeking Growth Capital

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Industry: Business Services

Industry Segment: Other Services

Country: United States

State / Province: Colorado



Asking Price Range: > $35.0M

Gross Revenues: $75,000,000

Cash Flow: $45,000,000

Cash Flow Type: EBITDA

Year Established: 2004

Number of Employees: > 200

Business Description:
Oil company with assets in Texas, Louisanna , Colorado and Alberta Canada with major oil fields producing currently 1100 barrels per day and over $45M/yr in profit is seeking expansion capital. Our company is currently acquiring this asset for $130M (including expansion capital needed to service it) and we're seeking $80M in debt (cash flow of property supports high interest debt). Properties have 900 million barrels in proven reserves with 500 million barrels of proven producing reserves. Huge potential

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