The Company reclaims crude oil by purchasing and processing the fluid accumulation in the bottom of crude oil storage tanks at individual oil leases. This oil cannot be sold to refineries because of high concentrations of water, dirt, and iron sulfide. The Company processes crude at its plants, turning the oil into pipeline quality, and selling it to refineries. The Company takes a product that has no value to the client in its current form, purchases it, and puts it into beneficial use. In the normal course of business, the Company decreases the environmental footprint of exploration and production wastes generated by oil producers by a factor of 90% to 95%.
- Strong sales performance and profitability
- Superior name and reputation – The Company enjoys a long-standing (20 years) reputation for its honest dealings, focus on quality, and fair pricing. Buyers and sellers see the Company as a valuable partner in their operations by reducing the environmental impact of exploration while providing value for their waste product
- 95% repeat business generated annually from large, diverse base of customers
- Experienced management and staff available to remain with new ownership
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