Thursday, December 13, 2007 6:56:18 PM
10. Many of these top senior independent CEOs in deep sea oil services do not want to be absorbed into major oil companies, but are interested in both capitalization for growth and to capture more of the growing budgets in the sector as well as getting equity stakes in a public company they can help to grow. DPDW was the one in the group to go public and has the leadership position now from which to consolidate the deep water services into THE NUMBER ONE company in its space. Therefore, it is implicit in the business strategy to grow the company into a billion dollar revenue operations both through organic growth and via acquisitions and thus attain the status of the premier deep water oil services company in the world. They have a very good shot at doing just that.
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