CST DRILLING FLUIDS
CST Drilling Fluids is a 4th Generation Oil Field Services and Construction company. The Company recognized $17M in revenue and $2.8M in EBITDA for the year ending December 31, 2023.
On August 19, 2024, Controlled Investments took a 40% stake with Joint Control in CST Drilling Fluids. The Company is in contract to merge 100% of the Company into Oil Field Services AI, with an anticipated October 2024 close.
Headquartered in the heart of the Permian Basin, CST Drilling Fluids provides a wide array of oilfield solutions and services for our valued customers. Utilizing standardized processes, our objective is to deliver on time, on budget with efficient and high-quality results. Through our experienced and trained crews and extensive equipment inventory, we enable companies, from small independents to majors get the most out of the life of their projects.
While our Core focus is Pit & Poly, CST offers a variety of services to Operators in the Permian Basin, South Texas, and Louisiana.
OIL PRIVATE EQUITY
THE MOST COMPREHENSIVE BUSINESS INTELLIGENCE, DEVELOPMENT AND RESEARCH PLATFORM THAT IS FOCUSED ON AMERICAN OIL & GAS AND BUILT FOR THE OIL FIELD.
Our AI Technology has enabled us to gain deep insights combining both public and non-public but accessible data science, and further utilizing AI and Automated Technology Solutions to identify and match the best in breed Oil Field Services and Oil Field Construction Companies together with every relevant Oil & Gas Operator Employee, and every relevant vendor in seconds - and enable real life human connections at scale. In short, Oil Field Services AI has combined a modern day marketing agency and news outlet, with a the best in breed in breed Blue Collar Labor Intensive Businesses that service the Oil & Gas Industry, while empowering these businesses to make better strategic decisions and connections faster by the use of DEEP Business Intelligence insights and data that provides insight into customers, competitors, and vendors at scale and in seconds as opposed to decades.
For Additional information, we request that you sign NDA and schedule a meeting together with us.
Azure Holding Group Corp ($AZRH)
On September 12, 2024 Azure Holding Group Corp (OTC: $AZRH), a Nevada corporation and Oil Field Services AI together with CST Drilling Fluids (CST), a Louisiana corporation, are pleased to announce the signing of a Letter of Intent (LOI) for the acquisition of Oil Field Services and CST by AZRH that will result in Oil Field Services AI having control over $AZRH.
On October 5, 2024 Oil Field Services AI executed the Stock Purchase Agreement to purchase 11,223,000 2018 Series A Preferred Shares and 15,400,000 Common Shares of Azure Holding Group Corp ($AZRH) for a cash payment of $100,000.00 payable 60 days from the date of signature and a $115,000.00 Promissory Note on April 1, 2015.
MERGER & ACQUISITION PIPELINE
BUTTON ENERGY
On July 17, 2024 - Oil Field Services AI took a 25% stake in Button Energy.
Button Energy is a 4th Generation Home Heating Oil & Propane Services and Distribution company, serving over 5,800 customers in North Central, PA. The company is focused on organic growth within and around its current region, as well as growth through Mergers & Acquistions.
The company is also focused on fully integrated through Natural Gas drilling in the Appalachian Basin, and sees an opportunity to decrease it's consumption cost of $7.79 / MCFE of Propane and $4.00 / MCFE of Butane by implementing a direct drilling program together with a Large Private Independent Operator with substantial Wet / Natural Gas Production in West Virginia, Kentucky, and Central PA - and through the development of modular gas processing plants, in addition to increasing it's above ground storage capacity.
QUAIL ENERGY SERVICES LP
Quail Energy Services LP, was founded by my old buddy Tim Allen over 40 years ago, after Tim Allen exited his first Energy Services Company in 2008 together with his partners for $250M to private equity. Tim Allen is one of the greatest to ever do it - a real oil field hustler.
Quail Energy Services is currently on pace to record $32.0M in Revenue for 2024, primarily driven by the Company’s expansion of it’s Electrical Services Business and the continued growth of it’s Oil Field Construction division.
The Company is in redlined contract to merge 100% of the Company into Oil Field Services AI, with an anticipated October 2024 close.
COIL TUBING TECHNOLOGY
Coil Tubing Technology, Inc. (CTT) is a leader in providing new technology to the thru tubing industry specializing in the design of proprietary downhole tools used in conjunction with coiled tubing or jointed pipe. CTT designs, manufactures, sells, rents, and services our proprietary thru tubing tools and tools of select companies that complement CTT’s technology.
The Company’s emphasis is on innovation, quality, service, and performance. Our mission is to provide the worldwide thru tubing industry with the highest level of technology available to the marketplace.
CTT supplies a full line of proprietary tools, manufactured in accordance with and to oil industry specifications. The tools are provided to oil companies, coiled tubing operators and well service companies for use in thru tubing fishing, thru tubing well stimulation workover, and coiled tubing lateral drillout operations.
CTT offers tools on a rental basis or sells tools. CTT services our tools at our shop in Houston, Texas and maintains a high quality standard for manufacturing and redress of all tools.
Geopulse Exploration & ATC Energy Services (OTC PINK: $GPLS)
Geopulse Exploration is an Oilfield Services Acquistion company, focused on acquiring high value Oilfield Services and Oil & Gas Products and Solutions across the United States of America.
Geopulse is currently in contract to acquire several companies ranging from $1.0M in revenue to $25.0M in revenue.
On April 10, 2024, Geopulse acquired ATC Energy Services, adding $12M a year in revenue and $1.8M in EBITDA.
Recent Press:
Geopulse Exploration announces acquisition of Permian Basin-based ATC Services | Seeking Alpha
Freedom Well Testing
Founded in 2019, by Eric Kuritz and Josh Watson, Freedom Well Testing brings 20+ years of proven experience into the oil and gas industry. Eric & Josh have managed upwards of 120 oil & gas professionals on projects that set records for oil production and management of sand returns.
At Freedom Well Testing, we understand the importance of safety and environmental responsibility. That’s why we adhere to strict safety protocols and environmental regulations, and we are constantly investing in innovative technologies and practices to minimize our environmental impact. We believe that it’s our responsibility to protect the environment and the communities where we operate.
Since opening for operation, we have maintained a TRIR of Zero (0). Our professional, detail-oriented employees ensure Freedom Well Testing carries a reputable name within the oil and gas industry, and maintain our commitment to achieve zero incidents involving injury or spills. We desire to become the best, most efficient, knowledgeable workforce in the industry.
Services include: Toe Prep, Frac Assist, Drill Out, Well Testing, Sand Management, Production, and Lease Operator.