G&F Oilfield Services of Laredo and Von Ormy, Tx. popped up for sale in the business section today. Filberto Lopez is selling everything, land, trucks, ( 40 vac ) ...all of it.
Asking is 9.9 million / nego.
If you work for this guy FYI....
Might be of interest to you.......
Discussion in 'Oilfield Trucking Forum' started by chalupa, Apr 16, 2017.
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I will offer him 9 million and my wife. Uh , on second thought , I will give him 9 million and my wife
passingthru69 Thanks this. -
I have $3.28 in assorted coins, a chap-stik, and a partly melted grape jolly rancher that I forgot was in my pocket.....musta left my 9.9 million in my other pants.
mnmover Thanks this. -
Went into the oil patch working for G&F, came out working for KAG......that sure would suck.
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Yeah but you would have that "advantage" lolhomeskillet and RockinChair Thank this.
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got a few million bucks to spare maybe we could buy it?
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MSAs?
Debt? -
You ol' dawg, you!
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No debt listed....claims to have active MSA's with 15 or so operators. Likely trying to ride the new wave out after the lull. I would need to see his last 24 mos gross and his debt load.
Water is running $2.00 a bbl here all done, .50 goes to the SWD so on the best day with the wind from the south $1.50 to the truck before the driver and fuel......a tight margin.RockinChair Thanks this. -
Preferred Oilfield Services in Big Lake is liquidated and up for auction.. everything must be gone by may 3rd.
There is another yard in big lake with a bunch of truck on it that is closed but can't remember the name.. and i am pretty certain a third vac truck company vanished as well.
So it did pick up but time have changed and so did technology for water . NOW for the sand part... its another story . quite a few fat bellies on the Pilot parking lot nowadays
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