Rebecca Benson
Billings, MT (USA)
Role(s):
LBR Oil Well Service
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Startup
Location:
Billings
Industry:
Energy
Year Founded:
2005
Number Employees:
INVALID
Description:
Oil workover rig service company. This is a rig that fixes oil wells when they go down. High demand in the area for workover rigs. The business I am wanting to purchase is already established and has no down-time due to the demand in the area. I was born and raised in the business and my father who would operate the rig has been in the business for over 44 years. The rig and equipment is worth over $500,000 but I have a committment letter from the seller to sell it to me for only $325,000. This letter expires, however, May 5, 2006.