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Oil & Gas Exploration and Production Company Investment Opportunity in New Delhi, India

Company seeks funds to participate in DSF III project of Government of India through ICB.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 4 thousand
Run Rate Sales USD 32 thousand
EBITDA Margin 10 %
Industries Oil & Gas Exploration and Production
Locations  New Delhi
Local Time 9:46 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 110 million for 45.0% stake (Native Currency: INR 8,000,000,000)
Reason: Funds are required to participate in the bidding process for an offshore field. The objective of our... View More
Includes physical assets worth USD 4 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are a start up company that provides technical services to exploration and production upstream companies, but the objective of our business is to grow as an integrated E&P company.

- Till date we have provided technical services to 3 companies and have 1-2 ongoing projects.

- The promoter has 35+ years of experience in this field.

- We are seeking INR 800 crore, from a prospective investor for the participation in the third round of Discovered Small Fields (DSF III) project through ICB process, announced by the Government of India.

- Currently, we are targeting two fields one is in Mumbai Offshore and the other one in Gujarat.

- Once we get the fields we will study, develop and explore the field. This opportunity would be really profitable in the future for our company.

- The equity stake given will be for a minimum of 10 years.

Products & Services Overview

Production of oil and natural as from the subsurface, and field development plan.

Assets Overview

Workstations, printers, furniture, office, phones, and wifi.

Facilities Overview

A small rented office which will be expanded if we get the field.

Recent Activity
  • 1 week, 1 day ago
    CEO, Curitiba, M&A Advisor connected with the Business
  • Earlier than 15 days
    Strategy Consultant, London, Financial Consultant connected with the Business
  • Earlier than 15 days
    Assistant Vice President, New Delhi, Accounting Firm connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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