Koil Energy Solutions Inc. (KLNG)

[alien42]

BP: Thunder Horse (largest offshore platform ever built)

5-28-07 (important points below, complete article at link)

"Troubles run deep on Gulf oil platform: Repairs a daunting challenge. Technology leads BP to drill where it once could not, but the race for new fields carries high costs and risks"

"in July 2005, a commercial vessel traveling past BP PLC's hulking Thunder Horse oil platform radioed the bad news to its owner: The platform's top deck was listing into the water.

"BP is attempting to do what no oil company has done before: essentially rebuild the entire architecture of an oil field on the sea floor some 6,000 feet beneath the waves.

At $250 million, the job is costlier, and riskier, than putting the equipment on the gulf floor in the first place.

"sitting atop a reserve that possibly holds 1.5 billion barrels, promises to deliver up to 250,000 gallons of oil a day, making it one of the gulf's biggest producers. For U.S. consumers now paying an average of $3.10 a gallon for gas, Thunder Horse would relieve some of the price pressure: Fully operational, it would boost total U.S. production by 5 percent."

http://www.chicagotribune.com/business/chi-mon_bp_0528may28,1,5990218.story

currently BP plans to restart production in the second half of 2008.

http://www.bp.com/genericarticle.do?categoryId=9004519&contentId=7009088

in 2005 DPDW was one of the contractors on site after Hurricane Dennis took out Thunder Horse

http://www.bp.com/genericarticle.do?categoryId=97&contentId=7007458

per the 5-18-07 PR. "Recovery of an Acoustic Doppler Current Profiler ("ADCP") system with our equipment for the Thunder Horse project"