What do Oil Field Drilling, Cannabis Farming and internet marketplaces have in common? - Acquisitions Anonymous Episode 85
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Michael Girdley (@Girdley)) and Bill D’Alessandro (@BillDA)) are joined by David Rontal (@davidrontal)) to talk about the Oil & Gas Industry, its value chain, industry trends & opportunities, covid effects & labor issues.

We discuss an Oil & Gas services Deal, and a Cannabis farm Deal based in Colorado, which surprisingly have many parallels.

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Show Notes:

(0:00) Intro

(2:15) What is the value chain of Oil & Gas companies? What does each player do? What are the stages?

(8:08) Why is the business so tough from a legal perspective? How is the mineral owner mindset?

(11:05) Exit strategy? How does the Oil & Gas interest marketplace work?

(16:32) Deal 1: South Texas Well Cementing & Acidizing Company 

(18:03) What does the company do? How do they operate? Where are the costs?

(23:58) Services business in Oil & Gas: Is it lucrative? What should you look out for? Where is the value?

(27:28) Why do they have more trucks than employees? What’s happening with labor?

(31:37) What would you recommend to investors looking to enter the industry?

(37:01) Microacquire)

(38:58) Deal 2: Cannabis farm based in Colorado

(41:27) What does the Marihuana retail market look like? What does the location tell us?

(45:32) Is there information missing on the listing? What hidden costs should you ask for? Is there a permitting process to be considered?

Links:

• MicroAcquire)

Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.

Additional episodes you might enjoy:

#83) Can you grow a business in a shrinking market? Featuring baller @WilsonCompanies) as a special guest!#82) How Great Operators Win! How PE does it like pros with Mark Brooks#)

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• Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel).
• Do you enjoy our content? Rate our show)!
• Follow us on Twitter @acquanon) Learnings about small business acquisitions and operations.

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