Oil
A Year After a Sale – Maine-ly Heating
Tounge Associates had the privilege to assist Maine-ly Heating in the sale of their business to Lake Region Energy. Mainely Heating Oil was founded in 1984 by Phil and Kim Pomerleau in Gorham, Maine, before they moved the business to Standish, Maine in 1987. Phil and Kim and their family served the Standish and lake…
What will happen to Heating Oil?
There is no shortage of oil. The U.S. broke a production record in December 2023 with 13.5 million barrels of oil per day. That’s more than any country has ever produced thanks to the immense domestic reserves of shale oil. Moreover, major Oil companies are merging, Exxon bought Pioneer and Chevron plans to buy Hess.…
Start the Confidential Process
Tounge Associates is a no pressure, relationship driven family practice. Let's start with a confidential introduction to your business, your goals, and where Tounge Associates could assist you along the exit path! It’s a journey and we can help you along the way.
