Hank's Oil &Gas Service companies

[10 bagger]

Acergy.. ACY.ol On hold until 05/01/08

Qtr.earnings: New contracts awarded...
http://www.newsweb.no/newsweb/atmnt/Feb.13.08_Q4+07_FINAL.pdf?id=50960


Acergy S.A. is a seabed-to-surface engineering and construction contractor for the offshore oil and gas industry worldwide. We plan, design and deliver complex, integrated projects in harsh and challenging environments. We operate internationally as one group, creating innovative solutions.

PR Releases and charts...
http://www.oslobors.no/ob/aksje_kursutvikling?menu2show=1.1.2.1.&p_instrid=ticker.ose.ACY

Reason for my hold...

SURF projects, especially in West Africa which are experiencing delays, are now expected to move closer to award. Acergy anticipates material backlog growth in the months ahead, with medium to long term market trends expected to remain strong. Clarity of future revenues and the activity level in 2008 and 2009 will become evident as some of the major contracts are awarded. New contracts were awarded during the November 2007 Qtr.. but is there a follow thru to earning built in...??? hank