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Working in the Canadian oil sands: 6 figures in 6 months!
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OSL Offline
Ostrich
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Posts: 1,917
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Post: #1155
Risks, opportunities, import/export
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I'm curious to know what opportunities would be like for someone who did something like this:


1. Showed up in an entry level or semi-experienced position - anywhere/anything really, but probably more physical labor.

2. Networked with managers, colleagues, workers, and small/medium sized contractors. Learned the wide range of components and tools required in a range of scenarios - from the transport to the oil extraction to the health/safety/environmental area.

3. Learned what parts frequently break, are significantly overpriced, and/or strongly in demand but not easily found.

4. Begin importing products/goods/tools into the Alberta sands area in specialized niche products that are specific to what teams need in the end to end sands extraction process

5. Start on a small scale and establish trust as a go-to-guy who can source/procure in Asia/China for the medium to long term. Spend time seasonally bouncing between Shenzhen and Alberta - 3 months China, 3 months Canada, and so on and so forth.

6. Launch a sourcing venture specific to procuring these specific niche oil sands equipment and tools that are unique to the conditions, demands, and contractors in the oil sands field. Develop a reputation as a trusted and reasonably priced procurement/sourcing provider who has insider knowledge and practical experience using the sourced goods in question.

7. Manage supplier and client relationships.

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To guys who have done the Alberta oil sands experience - what sorts of risks, opportunities, obstacles etc do you see coming up for a situation like this?


Any feedback you can provide would be much appreciated.

Simultaneously, if you fit this profile, are currently working in the oil sands, and are interested in a potential joint venture then send me a private message.

Thank you.

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03-16-2013 06:58 AM
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Risks, opportunities, import/export - OSL - 03-16-2013 06:58 AM