This information should not be taken as an offer or solicitation to sell securities. The information is from sources that are believed to be reliable and in good faith, and does not represent a guarantee. This presentation is the property of Latent Resources LLC and is not to be shared without permission.
Latent Resources LLC is a start-up company in the energy industry that is looking for financial partners. Its management has 10 years of experience in the oilfield. Crude oil production generates oily waste in the form of a sludge. Oil companies pay a fee to dispose of this waste. Currently this waste is buried in landfills which potentially could pollute the environment - and represents a liability to the oil companies. The picture shows the before and after the oily waste is processed through a thermal remediation system.
In addition to collecting a disposal fee from the oil companies, the company will also charge a fee to the trucking companies for washing out their trailers after hauling the oily waste. The third source of revenue will come from the sale of crude oil recovered from the oily waste. Washout Fee Disposal Oil Fee Sales
Market AreaLatent Resources’ plan is to open up its first facility in the Central Basin Platform of the Permian Basin . Six counties will be the market area. Each county has over 2,500 producing wells. Because of improved oil recovery technologies for existing wells, plus the addition of new oil wells, analysts are projecting a continued rise in oil production. With increased oil production comes an increase in oily waste. PermianBasin Competition There are other oily waste disposal companies in the Permian Basin, but none in the targeted area. Advantage Latent Resources has a better disposal method that burns the hydrocarbons out of the oily sludge, thus reducing the volume and the hazards of the waste. Currently the volume of waste is increased as it is buried in landfills. Companies that operate in the targeted market area will see a reduction in fuel cost and time, by using Latent Resources instead of a disposal facility further away. This reduction will save them money.
Offering Latent Resources LLC is looking to raise a total of $2,740,000. The investor/s will own 68% of the LP. $40,000 will purchase a 1% interest. The investor/s will receive all the profits until the investment is paid back. Five Year Financial Projections 1* 2 3 4 5 Pre Tax Revenue $485,000 $1,308,000 $1,800,000 $2,166,000 $2,545,000 *First year includes 4 month construction period. www.latentresources.biz