United States, Te... "Company is a drilling contractor that has diversified over the years from oil and gas to environmental and back to oil and gas with minor plays in water, geothermal, and elevator holes. During the boom years of oil and environmental, profits were good. The last few years have not been good. A buyout of company founder just before downturn in environmental boom was untimely and increased debt. We presently have more work than we can do, but without the financial resources to expand or grow. Company is $550,000 in debt with @$400,000 in equipment plus customer base and a good reputation. All our oil and gas work is in Tennessee or Kentucky. I am looking for a 50% partner to put up $300,000 for debt reduction and equipment upgrade. Variation on percentage would be possible. Money could be part cash and part financing. If partner was experienced in raising money for oil and gas drilling programs or could fund portions indiviually, it would b...
Chief Executive Officer