The Company sells products and services to companies engaged in drilling activities in Alberta (60% of revenues) and British Columbia (35%). In addition, the Company sells products and services for gas storage drilling in California (2%) and Oklahoma (2%). The Company s products and services consist of drilling mud (91.3% of revenues), mud testing/services (6.9%), van rentals (0.9%), liquid products (0.8%), and other services (0.1%). Strong sales growth (14.0% compounded annually from 2005 - 2008) and excellent profitability (EBITDA has averaged from 28.9% of sales) over the last four years. 20+ years of providing excellent products and extraordinary service. 99% repeat business annually generated from strong, long-standing clients. Experienced management and staff available to remain with new ownership.
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