공시 • Sep 10
NextMart, Inc. Announces Well Plugging Program NextMart, Inc. announced it will be adding a new oil field service in the plugging of abandoned wells for the State of Oklahoma, Texas, and New Mexico. The Company will be initially contracted to service and plug five hundred (500) wells for the State of Oklahoma, five hundred (500) for the State of Texas, and one hundred (100) for the State of New Mexico. The average payment for the capping of wells will vary between USD 20,000 to USD 40,000 each dependent on the depth of the well to be serviced. The cost to plug abandoned wells will run around USD 3,000 to USD 5,000 per well. The Company will add on a conservative basis over USD 20,000,000 in top line revenue with a profit margin of a minimum of 50%-70%. The well capping program will be operated out of the footprint of the new water stations the company recently announced. The profit margin on the capping of what is commonly referred to as "Orphan Wells" is extremely profitable and the amount of these types of abandoned wells in the State of Oklahoma, Texas, and New Mexico will take years to complete. The company expects this new type of oil field service to make a material change in both the company's top line revenue as well as net income. As long as the company continue to properly fulfill the company's contracts with each state, the company will continue to get new contracts to do the same on an ongoing basis. Federal funding under the bipartisan infrastructure bill that was recently passed set aside a significant amount of money to the states to finally deal with these Orphan Wells some of which have been around for over 100 years. 공시 • Aug 13
NextMart, Inc. (OTCPK:NXMR) acquired Black Widow Permian Energy, LLC from Marla Rogers and others. NextMart, Inc. (OTCPK:NXMR) acquired Black Widow Permian Energy, LLC from Marla Rogers and others on August 11, 2022.NextMart, Inc. will issue 10 million restricted common stock.
NextMart, Inc. (OTCPK:NXMR) completed the acquisition of Black Widow Permian Energy, LLC from Marla Rogers and others on August 11, 2022. 공시 • Feb 10
NextMart, Inc. (OTCPK:NXMR) entered into an agreement to acquire All Assets and Book of Oilfield Business from Defender Contracting, LLC. NextMart, Inc. (OTCPK:NXMR) entered into an agreement to acquire All Assets and Book of Oilfield Business from Defender Contracting, LLC on February 9, 2022. These assets acquired from Defender will be placed into the Company's main oil field service operational entity, EMCO Oilfield Services, LLC. Emco will maintain the Defender office in West Texas which will allow them to provide oil field services across the Permian Basin. NextMart will retain most if not all of Defender’s work force. 공시 • Jan 22
NextMart, Inc. (OTCPK:NXMR) acquired controlling interest in Emco Oilfield Services LLC. NextMart, Inc. (OTCPK:NXMR) acquired controlling interest in Emco Oilfield Services LLC on January 21, 2022.
NextMart, Inc. (OTCPK:NXMR) completed the acquisition of controlling interest in Emco Oilfield Services LLC on January 21, 2022. 공시 • Nov 21
Nextmart, Inc. Accepts Daniel Sobolewski's Resignation NextMart, Inc. On November 19, 2020 the Company accepted Daniel Sobolewski's resignation. The new interim management officer/director appointed on November 19, 2020 is Miro Zecevic. Mr. Miro Zecevic - Interim Turn Around Management. Mr. Zecevic is 57 years old and makes his home in West Palm Beach Florida.