The Well Service Company serves the Permian Basin oilfield industry with five rigs, three laydown trucks and solid MSAs. The Company has a strong customer base, high rig rates, newer equipment, and stable employees. The Company offers a reliable service by operating with experienced crews and top-notch equipment to ensure the well-servicing, completion and work-over needs are handled promptly and efficiently. Located in a 5,000 sq ft shop sits on 2 acres that are fenced and cleared.
The seller is willing to provide a 6-month transition. President/Operations Manager is willing to stay onboard if this transaction has an equity opportunity for him.