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    Mining Support Businesses Seeking Loan in Madang

    Showing 1 - 1 of 1 Mining Support Businesses Seeking Loan in Madang. Lend to a Mining Support, Mining Support Activite, Geophysical Service or a Mining Machinery Business.

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    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.
    6.6   Madang
    Run Rate Sales
    USD 297 thousand
    EBITDA Margin
    10 - 20 %
    Business Loan
    USD 124 K at 5%
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    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.
    6.6   Madang
    Run Rate Sales
    USD 297 thousand
    EBITDA Margin
    10 - 20 %
    Business Loan
    USD 124 K at 5%
    Contact Business
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