Koil Energy Solutions Inc. (KLNG)

[SageWise]

Old news item re: Ballast Monitoring System and EW
http://findarticles.com/p/articles/mi_m0EIN/is_2004_Sept_27/ai_n6218612
"Unique Level-Sensing Technology from TMS Selected for Mission-Critical Ballast Monitoring and Control Aboard Transocean's Semi-Submersible Drilling Rig
Business Wire, Sept 27, 2004

PORTLAND, Ore. -- TMS, manufacturer of liquid level and specific gravity monitoring and control products, announced today the selection of their improved "bubbler" sensing technology as part of a retrofit program for a Transocean deepwater semi-submersible drilling rig, the Transocean Richardson. Transocean is the world's largest offshore drilling contractor with a fleet of 95 Mobile Offshore Drilling Units, (MODUs).

The accurate monitoring and control of ballast tanks is critical to the safety and continued operation of MODUs. Ballast is used to counteract the forces of nature exerted on MODUs to maintain a safe, firm and level drilling platform.
The contract for the design and installation of the retrofit was awarded to ElectroWaveUSA, a premier supplier of Ballast Control and Tank Level Monitoring systems, who has also delivered TMS technology-based systems to Diamond Offshore Drilling, Inc. and Atwood Oceanics, Inc.. Ron Nance, VP of Marine Products at ElectroWaveUSA, prefers the TMS technology, saying, "TMS has successfully supplied their LevelCom sensors for many ships and MODUs. Their sensors are robust and extremely accurate and they are the best I've used over the past 32 years of building ballast control systems."