Sanjel Corporation
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Sanjel Corporation - overview
Established
1982
Location
Calgary, AB, Canada
Primary Industry
Materials
About
Sanjel Corporation operates as a leading provider of oilfield services, specializing in hydraulic fracturing, cementing, and coiled tubing services for the oil and gas industry. Founded in 1982 in Calgary, Canada, Sanjel Corporation is known for its hydraulic fracturing and cementing services within the oil and gas sector. The company underwent a significant operational shift when it sold its cementing assets to O-Tex Pumping in June 2016, following bankruptcy proceedings. The firm has been involved in a partnership with White Deer Energy during this transition.
Sanjel Corporation primarily offers hydraulic fracturing, cementing, and coiled tubing services aimed at enhancing oil and gas recovery. Their services cater to a diverse clientele in the energy sector, focusing on delivering customized solutions that optimize production efficiency and resource management. Sanjel Corporation's revenue model is structured around providing specialized oilfield services, generating income through contracts with major oil and gas companies. The firm’s financial success relies on the demand for hydraulic fracturing and cementing services, with revenue derived from service fees associated with operational engagements.
Looking ahead, Sanjel Corporation plans to explore further innovations in hydraulic fracturing techniques and expand its service offerings into new geographic regions. The firm aims to leverage recent funding efforts to enhance its technology and operational capabilities. Following the acquisition deal in June 2016, Sanjel is positioning itself to regain market share and capitalize on emerging opportunities in North America.
Current Investors
O-Tex Pumping
Primary Industry
Materials
Sub Industries
Masonry Materials
Website
www.silfern.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Sanjel Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Sanjel Corporation | - |
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