Sanjel Corporation

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedSanjel Corporation-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.