Koil Energy Solutions Inc. (KLNG)

[1stepahead1]

No new contracts have been PR'ed yet
for either company since the merger last month.
Im expecting news from the LARS systems
we've manufactured and sold/leased.

This is a photo of our latest product...

courtesy of Trying to Retire

13 tons of steel each!
This will make a nice addition to the bottom line,
and become more and more in demand
as we search deeper water for oil...
the Deep Sea is the next frontier!

Here are some highlights of the LARS progam

Our new product line of Launch and Recovery Systems (LARS) have started shipping to our customers, including a Saturation Diving LARS, a Sea-eye LARS and a 3,000 meter rated LARS. We are currently manufacturing two (2) 4,000 meter rated LARS for extreme water depths and geophysical installation equipment for an international customer.

April 18th
"The significant revenue growth is reflective of Deep Down's commitment to offer its offshore expertise to support major operators, installation contractors, and umbilical and control suppliers to enhance the progression and completion of major offshore oil and gas exploration and production projects. Furthermore, increasing demand for our new, innovative product lines from the expanding offshore oil and gas industry, such as our offshore launch and recovery systems (LARS), continues to drive organic growth

december pr:
Due to its strong, stable banking relationships, Deep Down has begun to lease large manufactured equipment items to select customers. Deep Down recently leased a Launch and Recovery System ("LARS") to a new customer who was interested in paying for the new equipment with their operating budget, not their capital budget

Just one of about 5 possible next PRs. LOL 1step