Beyond Oil Expands to Australia with 5 Year T&J Oil Distribution Agreement Valued at Approximately US$4.9 million*
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Beyond Oil has entered a 5-year distribution agreement with T&J Oil in Australia, valued at approximately US$4.9 million. The partnership includes minimum purchase commitments and is expected to generate US$243,000 in revenue by fiscal year 2025. A dedicated training center will also be established in Australia.
January 22, 2025 | 9:30 pm
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Beyond Oil has signed a 5-year distribution agreement with T&J Oil in Australia, valued at US$4.9 million. This deal includes minimum purchase commitments and is expected to generate US$243,000 in revenue by 2025. A training center will be established in Australia.
The agreement with T&J Oil represents a significant expansion for Beyond Oil into the Australian market, with a substantial contract value and expected revenue. The establishment of a training center indicates a long-term commitment, likely boosting investor confidence and positively impacting the stock price.
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