Oil & Gas Industry Executive Recruiting - Unique Opportunity!
The Oil & gas Industry is continue to grow at a very rapid rate. In 2015 the United States will be the largest Oil Producer in the World and by 2020 we will no longer importing any oil as we will be producing enough to cover our domestic consumption. What this means is a huge opportunity in this industry.
Unfortunately due to health reasons the owner is selling the company. The easiest way for an existing company to enter this industry is by acquiring the assets of the company and simply rolling it out to existing recruiters of new recruiters within their company. This will allow an easy transition into a new industry. We have focused on direct hire but are continuously being approached for contract work. This can be targeted by a new company acquiring the assets. Hence again the ease of buying the assets verses the whole company. Once the company's assets have been purchased the company will be wound down. If someone is interested in buying the company outright that would be considered.
The Company Assets
Contracts with clients across the United States: 32
Candidates: Petroleum Engineers and Petroleum Geologists: 9200
Current number of candidates submitted to positions: 28
Average base salary of Petroleum Engineers and Petroleum Geologist: $170,000
Client Fee Rate: 25% - 30%
Average Fee collected: $42,500
Number of open positions: 165+
The company uses a Bullhorn which is a CRM system to manage and track the business. It's very comprehensive.
As can be seen the opportunity is vast. There are 4 segments in the industry, Upstream (Exploration and Production), Midstream, Downstream and Oil Field Services. We have the resources in place to fully ingage in all the segments. By having the contracts with the various clients in place allows us to work on support position including Accounting, IT etc. We have an extensive training program in place which will help with the transition.