Onshore Oil Production Company Seeking Loan in Calgary, Canada
Pre-revenue energy venture seeking investment to acquire producing oil wells and natural gas assets.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Onshore Gas Production + 1 more |
| Locations | Calgary |
| Local Time | 12:55 PM Canada / Mountain |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
3.65 million
for
4.0%
annual interest,
25
years
(Native Currency: CAD 5,000,000)
Reason: Seeking initial loan to acquire 100% working interest producing oil and gas assets for an upcoming o...
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Collateral Available: USD 0
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Business Name
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Documents
Pitch Deck
(1.5 MB)
Certificate of Incorporation
(75.5 KB)
Business Overview
- Operates as a pre-revenue oil and gas venture focused on acquiring existing oil and gas producing assets.
- Intended products are light crude oil (measured in barrels) and pipeline-quality natural gas (measured in MCF/MMBtu) produced from currently operating wells.
- Crude oil output would be sold to nearby refineries, storage terminals, or licensed crude oil traders under standard spot or offtake contracts.
- Natural gas production would be sold into existing gas gathering systems or local utility pipelines at prevailing regional benchmark prices.
- The business strategy targets 100% working interest, mature, low-decline producing wells with established production history, existing infrastructure, and active offtake arrangements.
- Currently does not own producing assets and has not commenced production, as acquisitions are dependent on securing investment capital.
- Intended products are light crude oil (measured in barrels) and pipeline-quality natural gas (measured in MCF/MMBtu) produced from currently operating wells.
- Crude oil output would be sold to nearby refineries, storage terminals, or licensed crude oil traders under standard spot or offtake contracts.
- Natural gas production would be sold into existing gas gathering systems or local utility pipelines at prevailing regional benchmark prices.
- The business strategy targets 100% working interest, mature, low-decline producing wells with established production history, existing infrastructure, and active offtake arrangements.
- Currently does not own producing assets and has not commenced production, as acquisitions are dependent on securing investment capital.
Products & Services Overview
Unrefined crude oil sold to refiners and traders, and pipeline-grade natural gas sold to utilities or gas buyers.
Assets Overview
The business does not own any tangible assets at the moment. Waiting on the right investor to work on obtaining the best producing assets.Intangible assets include incorporation certificate.
Facilities Overview
The business plans to start operations from a leased facility, a location is yet to be finalized, once financing has been obtained. All financial and engineering teams are in place.
Capitalization Overview
The business is owned by two parties. There are no debts in the business.
Recent Activity
-
Earlier than 15 daysDirector, Investment Firm, Luxembourg, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Markham, Financial Consultant connected with the Business
-
Earlier than 15 daysCredit Professional, Dartmouth, Financial Consultant connected with the Business
Tags:
Onshore Oil Production Company Seeking Loan in Calgary, Canada
·Onshore Gas Production Company Seeking Loan in Calgary, Canada
·Lend to Onshore Oil Production Company in Calgary, Canada
·Lend to Onshore Gas Production Company in Calgary, Canada
·Onshore Oil Production Company Seeking Loan
·Onshore Gas Production Company Seeking Loan
·Lend to Onshore Oil Production Company
·Lend to Onshore Gas Production Company
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