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FISHING & RENTAL TOOL COMPANY

SOLD - SOLD - SOLD

Located in Central US
This is an Outstanding Buy!


Call NOW! (800) 952-1973

Listing Details

2012 Appraisal Summary

For complete detailed inventory please call Dan at 210.499.0777

 

            FMV     

 

Bailers

 

18,000.00

 

Baskets

 

123,000.00

 

Bits

 

42,900.00

 

Blowout Preventers, Closing Units

 

415,000.00

 

Casing Cutters, Patches, Scrapers

 

130,900.00

 

Casing Swages, Rollers

 

82,400.00

 

Drill Collars

 

343,400.00

 

Elevators, Slips


96,300.00

 

Flanges, Spools

 

61,800.00

 

Impression Blocks, Split Bull Plugs, Notch Collars

 

19,150.00

 

Jars

 

39,900.00

 

Magnets

 

76,200.00

 

Mills, Key Seat Wipers

 

407,700.00

 

Overshots/Related

 

689,685.00

 

Packer Pickers

 

66,600.00

 

Power Swivels, Tubing Swivels

 

507,200.00

 

Pumps, Tanks

 

1,264,500.00

 

Racks, Catwalks

 

94,400.00

 

Rolling Stock

 

513,600.00

 

Safety Clamps, Tong Heads

 

34,600.00

 

Scrapers

 

44,900.00

 

Spare Equipment, Shop/Office Equipment

 

142,300.00

 

Spears

 

180,700.00

 

Stabilizers

 

49,900.00

 

Stripper Heads, Mud Bucket

 

28,500.00

 

Subs, Pup Joints

 

430,600.00

 

Taps

 

28,700.00

 

Valves

 

28,900.00

 

Washpipe, Related

 

493,110.00

 

TOTALS:

 

$6,454,845.00

Current Sales Revenue:
2011 Gross Sales: $ 6,000,000
2011 Profit before Taxes: $ 1,800,000

2012 Current Appraisal Value:
Fair Market Value:  $ 6,454,845

Owners and Employees are willing stay and continue to work at current salaries.  Asset sale only, Owners will retain cash and receivables as of the closing date.

Listing No. 86