Tom Stokes
Kennedale, TX (USA)
Role(s):
RRIG
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Startup
Location:
Kennedale
Industry:
Energy
Year Founded:
2006
Number Employees:
INVALID
Description:
Partners are seeking funding to build two oil and gas rigs capable of drilling to 15,000 feet. Two rigs can be built in 90 days. Thirty five plus years experience in the oil and gas industry by the operating partner. Strong industry contacts. Market demand is high. Once the first two rigs are built future rig contracts will require 50% down on rigs to be built covering all costs to build. We plan to build eight rigs in the next 12 months. Rigs of this type sell consertively for 8.5 to 9.2 million dollars.