↩ Go Back
    Need help?
    FAQ
    1. Home
    2. Businesses for Sale
    3. Mining Support

    Mining Support Businesses for Sale and Investment Opportunities

    Showing 1 - 1 of 1 Mining Support Businesses for Sale and Investment Opportunities. Buy or Invest in a Mining Support, Mining Support Activite, Geophysical Service or a Mining Machinery Business.

    Filters

    • Mining Support

    • Lassi Shop

     

    Oil & Gas Drilling Company Seeking Loan in Madang, Papua New Guinea

    Company that provides provision of drilling services for privately owned businesses and mining companies.
    - The company was formed in the 1980s by foreigners and in 2014 was bought by a local. - Since the new management has been trying to acquire Petroleum Development Licence but has not succeeded due to lack of funds. - Now the company has only participated in a handful of water boring contracts with the local level government and local business houses. - Recently we completed a sub-contract to do road and bridges geotechnical drilling on the Highlands Highway. - The business has experienced high growth due to the new contracts and jobs received in this financial year. - Currently, the business earns the majority of its revenue from geotechnical drilling & bore water drilling. - The oil and gas drilling has not been started yet. - The typical duration of a drilling contract is 1-3 months.
    Company that provides provision of drilling services for privately owned businesses and mining companies.
    6.8   Madang
    Run Rate Sales
    USD 300 thousand
    EBITDA Margin
    10 - 20 %
    Business Loan
    USD 130 K at 5%
    Contact Business

    Frequently
    Asked
    Questions

    • What level of due diligence does SMERGERS conduct on the businesses/member?

      SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more
    • How active are the business profiles listed on SMERGERS?

      We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.
    • How can I be sure about privacy and confidentiality?

      We understand the level of confidentiality required in strategic transactions and we strive to provide a safe and secure experience for our members. Please review our privacy policy. We …read more
    • How can I contact a business listed on SMERGERS?

      You need to be logged in before you connect with a business. Click here to register and message the business If you are already logged in, please use the contact …read more
    • Should you buy an existing business or start a business from scratch?

      Buying an existing business is generally an easier way to start a business with an immediate head start. It saves valuable time and administrative efforts, considering starting from scratch is …read more
    • How successful has SMERGERS been in helping its users successfully close a deal?

      SMERGERS is a discovery and matchmaking platform with a global reach. It helps in connecting Businesses, Investors, Acquirers, Lenders, M&A Advisors and Boutique Investment Banks across locations, industries and transactions. …read more

      • Show more