Oilfield Infrastructure Construction Co.

Stormont has been retained as the exclusive agent to represent the sale of an undisclosed Oilfield Infrastructure & Module Construction services company operating in Western Canada.  Specifically, the Company specializes in the mechanical and welding services associated with the construction of facilities and pipelines for major oil and gas companies operating within the concentrated field activity of the Montney and Duvernay resource plays.


The Company increased revenue from $25million in 2016, to $39 million revenue in FY20 with EBITDA of $6 million. Although the first half of 2021 showed some weakness, the industry is gaining momentum and management is forecasting a strong FY22 with $7.3 million EBITDA on revenues of $47 million (16% margin).


The Company represents a timely opportunity for an acquirer to purchase a turn-key platform with a solid footprint in Northwestern Alberta and NE British Columbia. A strong management team is in place that has a solid strategic plan to grow the business materially over the next several years.


Contact for more information:
Dave Munro