Edward Curt
Houston, TX (USA)
Role(s):
Founder/Owner/Principal
Reynolds Lift Technologies
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Startup
Location:
Missouri City
Industry:
Energy
Year Founded:
2015
Number Employees:
10-50 people
Business Stage:
Growth (not profitable)
Entity Type:
Not Incorporated
Description:
WHO WE ARE:
•Oilfield Artificial Lift engineering and manufacturing company
•Aggressively developing solutions to disrupt stale technology 30+ years old
•Established organization with mature accounting, engineering and operations practices; clean books and balance sheet
•Comprehensive in-house engineering: 10-person multi-discipline team, a combined 120 years’ oilfield experience
•Functional manufacturing facilities ready to generate short-term revenue
VALUE WE OFFER:
•Extensive new-technology IP portfolio
•Functional prototypes already proven through field trials, simulations and extreme qualification tests
•$1.5MM in existing equipment for engineering, manufacturing and qualification testing
•100% debt free, zero venture to date; currently seeking 1stexternal investors
•Physical facilities with room for next 2+ years of projected manufacturing & growth
•Significant market knowledge, experienced sales team and established relationships with E&P operators across all US land basins