Experienced management team seeking $15MM TO $20MM investment to re-commission their gas pipeline and make an opportunistic purchase of additional adjacent O&G wells producing over $2MM EBITDA in oil profits. Hundred's of miles of gas pipeline over 1000's of acres of right of way with many surrounding O&G wells.

Use of Funds: Pipeline commissioning costs estimated at $13.4MM plus $1.6MM to acquire adjacent wells.

Collateral Assets: Free and clear pipeline with management valuation over $1B plus 1000's of existing wells. Oil, gas liquids and natural gas. None depleted. Gas production shutdown, however, still producing oil income now ($6MM EBITDA).

Additional Collateral: $3MM+/day revenue ramp from oil/gas and gas liquids when pipeline operational. Major energy company agreement in place for all pipeline output.

Fully documented package available to interested lender. Equity investor could be considered.

Posted Jun 9, 2016

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