HOUSTON, TX —
Resilient Energy Inc. (OTC: RENI) announced the completion of due diligence on a private oilfield-services acquisition target. The review examined the target’s operating performance, customer relationships, workforce, equipment, real estate, and saltwater-disposal infrastructure.
At the date of the release, the target reported substantial 2025 revenue, profitable operations, and a workforce of 96 employees. The due-diligence review identified the following principal operating assets:
- Five saltwater-disposal wells
- An office building situated on approximately 10 acres
- A shop and equipment yard situated on approximately 60 acres
- A pipeline connection linking one disposal well to a major regional operator’s network
- Thirty water-haul tanker trucks and related support equipment
The target also reported 25 active master service agreements, including relationships with Fortune 500 energy operators. Resilient Energy stated that it intended to proceed toward closing following the completed review.
“The diligence process confirmed the quality of the operating business, the depth of its customer relationships, and the tangible asset base supporting it. We believe these capabilities align well with our strategy of acquiring essential, revenue-generating energy infrastructure services.”
Jon Bianco, Chief Executive Officer