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Follow on Google News | ProductionBrokers.com Booming Despite Tough Times In The Energy SectorProductionBrokers.com Has Found A Favorable Spot Within The Oil & Gas Industry, With Plans For Long Term Growth.
“During the initial launch of the website, we were cautiously optimistic, but when the industry as a whole became fully aware that oil market pricing would be in the basement for quite some time, our marketing efforts and big data research began to prove concept, when companies started unloading assets on the website, to maintain or recapitalize operations. On the other side of the fence, we are seeing a large amount of cash on the side lines and recently funded groups with a long term bullish outlook, who have begun acquiring everything from: active oil production to midstream infrastructure, which shows that we are securing customers from both sides of the market as forecasted…” stated Tom Field, Vice President Of Marketing with ProductionBrokers.com. In the 1st Quarter of 2016, ProductionBrokers.com will begin beta testing and launch the updated and improved Negotiated Sales segment of the website, which will feature: maps, data rooms, and precise information on: mineral rights, oil & gas wells, leases, and royalties listed through the site. “Streamlining the acquisition and divestment process will save a lot of time and effort for buyers who are shopping deals and at the same time, push the envelope in a groundbreaking way, for something like this, that has never been done before…” stated Michelle Farber, VP Of Acquisitions for ProductionBrokers.com. ProductionBrokers.com has physically expanded and increased internal infrastructure, with forecasting of increased growth in 2016. End
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