Optimum Oilfield Instrumentation Business for sale, Kindersley, SK

For Sale
Optimum Oilfield Instrumentation Ltd.
Kindersley, Saskatchewan

$1,500,000

PROVEN TECHNOLOGY - PIPELINE LEAK DETECTION COMPANY
OPERATING PARTNER NEEDED
NATIVE STATUS AVAILABLE TO GIVE YOU THE ADVANTAGE WHEN BIDDING ON ANY CONTRACTS.
ASKING $1,500,000.
Building and land valued at $850,000 by seller. Can be purchased separately.
Machinery and equipment valued at $300,000 by seller. Can be purchased separately.
TECHNOLOGY VALUED AT 3.1 MILLION - $3,100,000. Can be purchased separately.
Total Value of all three parts $4,250,000. ESTIMATE OVER 3 BILLION IN WORK AVAILABLE.

Come and see!
If you wish to discuss this opportunity
call Don at (306) 463-3811 with any questions.

BUILDING:

8,748 ft² building
concrete construction
2,700 ft² mezzanine
storage sheds

LAYOUT:

entry/reception area
- access to mezzanine
- 3 offices, 1 with separate two piece washroom
2 washrooms; men's and women's
- men's washroom has washer and dryer
coffee/lunch room
storage room
small workshop with walk in door
- overhead door
- built-in shelving (removable)
- electric heat
front work area (53’5 x 53’9)
- separate office
- six openings for overhead doors (3 open)
back shop area (53’9 x 53’9)
- 4 overhead doors; 2 working
- 2 walk-in doors
- paint booth
mezzanine area (2,700 ft²)
- used for warehousing
- situated over front reception area and offices
- 3 separate entrances
- own furnace and central air conditioning

MECHANICAL:

air conditioning in front reception, workshop, office in front work area
and mezzanine
central vac plumbed in (vacuum motor not working)
water available in all work areas
42 gallon hot water tank
radiant heaters in front work area and back shop area
forced air furnace

EQUIPMENT:

1993 VF-3 Vertical Machining Center, 20 Tool Umbrella Type Tool Changer, 4th Axis Capable, With Full Bed Alum Sub plate. 500 Ipm Rapids, Programmable Coolant, 10,000 Rpm, 15 HP, 2 Speed Gearbox, Rigid Tapping, Chip Auger, Brush Type Servos.
2002 VF-3 Vertical Machining Center, 25 Tool Side Mount Tool Changer. 4th Axis Capable, With Full Bed Alum Sub plate. 800 Ipm Rapids, Programmable Coolant, 10,000 Rpm, 20 HP, 2 Speed Gearbox, Rigid Tapping, High Speed Machining Look-A-Head, Chip Auger, Brush less Servos. 1 Mb Extended Memory.
2002 VF-3 Vertical Machining Center, 25 Tool Side Mount Tool Changer. 5th Axis Capable, With Full Bed Alum Sub plate. 1000 Ipm Rapids, High Pressure Through Tool Coolant, Low Pressure Programmable Coolant, 10,000 Rpm, 20 Hp, 2 Speed Gear Box, Rigid Tapping, High Speed Machining Look-A-Head, Chip Auger, Brush less Servo’s, High Intensity Lighting, 1 Mb Extended Memory.
1997 HL-4 Turning Center 34” Turning Length, 14” Diameter. 30 Hp, 2 Speed Gearbox, Programmable Tailstock, Parts Catcher, 12 Station Tool Turret, Bar Feeder Interface, Chip Auger, 10” Kitagawa Hydraulic. Chuck, 2 ½” Thru Bore, Brush less Servo’s, 1 Mb Extended Memory, Tool Presetter. Large Assortment Of Bolt On Soft Jaws, I Set Hard Jaws. All Electronic Boards, Vector Drive, And Software Were Replaced In 2004.
2002 SL-20T Turning Center. 10 Station Tool Turret, 20 Hp Dual Vector Drive, Programmable Tail Stock, Bar Feeder Interface, 8” Kitagawa Hydraulic Chuck, 1 ¾” Thru Bore Brush Less Servo’s, High Intensity Lighting, Tool Setter, Chip Conveyor. Large Assortment Of Steel Soft Jaws, Alum Soft Jaws, 2- Sets Hard Jaws.
HRT-160 Brush Type 4th Axis, 1 ½” Thru Bore C/W 6” 3 Jaw Chuck, Tail Stock
HRT-210 Brush less 4th Axis 3” Thru Bore C/W 10” 3 Jaw Chuck, Tail Stock
CNC Milling Tool Holders
CNC Lathe Tool Holders
Tooling Cabinet, Lathe Inserts, Milling Inserts, Depth, Bore, OD Measuring Tools, Height Gage On Surfaced Plate, Insert Drills, Reamers, Collets, Lathe And Mill Tools, Arbors, Parrells, Set Up Angle Tools, Broaches, Manual Rotary Indexer, 2 - 6” Machining Vises, Digital Calipers, Vernier Calipers To 24” Etc.
1996 Comp-Air Screw Type Shop Air Compressor. 90 Cfm 20 Hp, Inter-Cooled, 500 Gal Storage Tank
1992 Proth Surface Grinder, 10”W X 20” Grinding Area, Magnetic Chuck, Auto Feed, Coolant, Hyd Power Unit, Wheel Balancer. Very Low Hours.
1992 Chin Hung Cylindrical Grinder, 14” Dia X 40” Grinding Length, Internal Grinding Attachments, Coolant And Hydraulic Power Unit, Wheel Balancer And Extra Stones. Extremely Low Hours.
1991 Nardini Manual Lathe, 10” Over Cross Slide, 40” Between Centers, 22” Dia In Gap, 10” Chuck, Tailstock. Follow And Steady Rests, Coolant System, 2 1/16” Thru Bore, 7 Hp Motor.
1992 First Advance Vertical And Horizontal Milling Machine, Geared Power Feeds In X, Y, And Z-Axis. 48” X 10” Table, 5 Hp, Powered Z Feed, Coolant System, Arbors And Rests For Horizontal Work, With Vise And Some Tooling. Very Low Hours.
1992 Hyd-Mech S-20a Hydraulic Band Saw. Coolant System, Auto Feed 16” Wide X 14” Cut Height.
2002 Huth Pipe Bender, With Expanding And Contracting Attachment, Bar Bending Attachment, 3” Pipe Capacity, Low Hours Like New Condition.
Motorized Tubing Roller 3” X 4” Capacity.
1998 ESAB Migmaster Mig Welder, 250 Amt At 50% Duty Cycle.
2001 Acklands 300 Amp Tig, Stick, Carbon Arcing.
Oxy – Acetylene Cutting Torch On Large Wheeled Cart.
2001 Thermal Dynamics Plasma Cutter 3/8” Capacity.
1990 50 Ton Hydraulic Shop Press.
Tool Chests With Roll Away, Hand Tools, Grinders, Sanders Air Drills, Chop Saw, Vertical Band Saw, Delta Table Saw, Bench Grinders, Specialty Lathe And Vise Jaws, Planer, Table Saws, Heaters, Belt Sanders, Dust Collection System.
Rammond Electric Forklift, 4000 Lbs, Extending Fork, 36 Volt, Charger.
1996 Burr King Vibra Burr Model 33 Tumbler 36” X 14” X 12” 200lb Capacity, With Water Flush System.
Machining Benches, Vises, Cabinet Bench C/W 6” Record Vise, Arbor Press.
29' x 12' OD, (20’ x 10’ ID) Devilbis Paint Booth With Air And Dust Evacuation System And Overhead Lighting.
1994 Modublast Glass Beading Cabinet C/W Air And Dust Evacuation System.
Electrical Equipment And Testing Equipment. Tektronics Tds1012 Waveform Scope, 2- Fluke Multi-Meters, 2005 Labveiw Data Collection System With Dedicated Computer, Battery Load Testing Machine, Industrial Battery Charger, Xantrex Power Inverter 1000w 8 Amps, Large Assortment Of Wiring, Delphi Packard Plugs, Wiring Connectors, Military Amphanol Plugs.
Large Assortment Of Perishables, Coolant, Mill And Lathe Oils, Lubricants And Grease, Acids.
Anodizing System. Distilled Water Tanks, Anodizing Tank, Stainless Steel Dye Tank, Stainless Steel Sealant Tank On Wheeled Carts.
Norstar Telephone System.
Storage Shed, Compressor.

FEATURES:

www.ooil.ca
Highway 21 and Highway 7 frontage.

LAND AND TAXES:

Civic Address: 1107 – 9th Street West
Legal Description: Lot 2, Block: B Plan: 91-S-41070
2011 Taxes $9,848.79

The asking price of $1.5 million is for the fully operation machine shop and technologies (Canadian dollars). Optimum will consider separating out assets for individual sale, however, first consideration will be given to any offer that represents the complete package.

Reason For Sale: OOIL is a small company with owners who have been in business together for many years. These owners are now at a stage of their lives where they wish to pursue other interests.

Technology For Sale: Companies entering into any new field of operations require heavy investments in time and money to cover the Research and Development phase of start up. A true indicator for the future success of a start-up company may be the corporation's ability to generate a profit within this phase. Optimum Oilfield Instrumentation Ltd. (OOIL) has been successful in not only developing some very relevant products for the oil industry but also showing some positive returns at year-end.
Systems that do not have a broad field of application within any given sector lead to the downfall of many products within a narrow field of use for the final designs. OOIL has produced a leak detection system that has a broad field of use from oilfield water flood systems to domestic water delivery systems.

See www.ooil.ca for more information about this exciting product.

Many communities are losing as much as 50% of their treated water to leaks within their water infrastructure. The water systems reflect a need to improve on the ability to track water consumption versus water treatment plant production. To any community this equation will show very quickly that the investment decision is not very complex when soaring costs for water treatment and fresh water reserves begin to wane then it becomes important to assure that your water is being used not lost to the environment. If you can then increase you efficiency from %50 to %100 the investment in leak detection is warranted.

The next huge market is the Oil industry. However Oil companies are more complex and require decisions from the risk management and accounting departments to establish the real cost benefit for the Oil Company. The size and scope of the industry may be determined by the ability of the new owners to present their products to the right management department this may require a closer relationship to the Oil companies then exists with OOIL today.

The actual market size can be characterised as all locations with the potential of releasing contaminates from a pipeline system into the environment. A cursory look at the potential market size would suggest that there are in excess of 100,000 injection wells in Western Canada. This target market can reveal the potential profitability of the company. It is acknowledged that every company’s operation costs will vary and this will affect the final profit realized.

OOIL has established an installed price for 'IMELDA' (Intelligent Monitoring Equipment for Leak Detection and Analysis) of $6,000 per unit. Additional cost to the customer is the main seat $15,000 plus the MCC $8,000. These are all installed prices. OOIL is able to offer this pricing as installed because during the development stage OOIL designed a fully stand-alone system. Solar panels make this not only a 'Go Green' product, but also a fully owned customer system.

Profits will vary, however, they should be expected to be in the range of 50% of the customer price. This technology is available for $300,000 with a royalty arrangement. The owners of OOIL are prepared to make every effort to transfer all assets and technology into the hands of the new owners in a timely, seamless fashion so as to enhance the probability of success for the new owners.

Photographs

Contact & Map

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