Oil & Gas Exploration and Production Company Seeking Loan in Hermosa Beach, United States
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 17 million |
| Run Rate Sales | USD 18 million |
| EBITDA Margin | 31 % |
| Industries | Oil & Gas Exploration and Production |
| Locations | Hermosa Beach |
| Local Time | 5:36 AM America / Chicago |
| Listed By | Management Member |
| Status | Active |
- Company acquires royalty streams of oil and gas assets across the United States.
- The company buys cash-flowing mineral rights assets from individual owners using a discounted cash flow model. Have made 200+ acquisitions to date.
- Asset payback period is 12-24 months.
- Our company does not do exploration or any actual production and is not liable for operating costs. We own the underlying asset and we work with tier 1 operators like Exxon, EOG, and Conoco that do the actual drilling and production. We get 8-20% of the revenue from production.
- The proprietary software drives our business.
- USD 1 million monthly recurring revenue.
- Annual EBITDA of USD 5 million.
Ownership of oil and gas assets, royalty streams from these. All of our oil and gas assets are located in the United States of America.
150+ mineral rights assets worth USD 21 million.
Leased offices in Los Angeles, Denver, Wyoming, and Texas. The annual lease expenditure is about USD 180,000.
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Earlier than 15 daysManaging Partner, Ahmedabad, Financial Consultant connected with the Business
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Earlier than 15 daysOwner, Aerospace Engineering, Walla Walla, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, London, M&A Advisor connected with the Business
