Koil Energy Solutions Inc. (KLNG)

[Pharaoh-1]

Excellent digging friends. This is just one of the current projects DPDW is involved in. From the sound of it, it is a lengthy contract for Chevron as the production may have been started already and will peak by 2010, meaning constant stream for us too. Look at the production capacity. If they charge per barrel, we are in a good shape.

Agbami


Overview
Agbami is Nigeria's largest deepwater development, a light, sweet crude oil produced 70 miles offshore. Loading will be accomplished via a single buoy mooring (SBM) located 1.2 miles from the Agbami floating production, storage and offloading (FPSO) vessel. With an overall storage capacity of 2.15 million barrels the Agbami FPSO is one of the largest facilities of this type ever constructed. Production will begin in 2008 and quickly ramp up to 230,000 barrels per day, with peak production of 250,000 barrels per day expected in 2010. Agbami's location will allow for co-load opportunities with heavier West African grades.