Well Bore Fishing and Clean Out Services Company

The Company offers well bore intervention, such as fishing, clean out, and repair services to oil, gas, and water well bores and blockages. Equipment rental services are also provided. The Company removes dropped or stuck items and clears sediment from well bores, as these items may cause damage or restrict the well's production. Built-up sediment and blockages include materials such as scale, sand, and calcium sulfate.

Key Aspects:
• The Company achieved an 86.5% average gross profit margin from 2022 to 2024.
• Two proprietary tools provide additional revenue streams for the Company.
• Equipment rental services offer supplemental revenue and, together with jobs in the water industry, help to insulate the Company from the oil & gas industry's volatile nature.
• The Company has an extensive inventory of unique fishing equipment.
• Approximately 87.6% of 2023 revenue was attributable to repeat customers.

Opportunities
• Capitalize on the sale of the two proprietary tools both nationwide and overseas, increasing the revenue streams from each tool.
• Expand further into the water industry by pursuing more water well operator customers.
• Begin a marketing campaign to increase customer awareness of the Company's services.
• Extend geographic service area to reach potential customers in adjacent regions.

Headquartered
• Southwest U.S.

Current Markets
• The Company serves the oil & gas and water industries in the Southwest United States.

Shareholder Objectives
• The Company is owned by two equal shareholders who are seeking retirement and a full sale. The shareholders are open to transition periods prior to their eventual full exits and will consider a variety of deal structures in order to facilitate a transaction.