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Re: chevdawg18 post# 55551

Wednesday, 03/05/2008 5:01:15 PM

Wednesday, March 05, 2008 5:01:15 PM

Post# of 107353
Found this in their Annual Report:

Flying Leads. We have developed a method to pull individual steel tubes, hoses, or electrical cables to create a loose steel tube flying lead or short umbilical. This method is utilized to build the Loose Steel Flying Leads up to 10,000 feet long. We have built flying leads with up to 14 tubes and compliant sections with 22 - ½" tubes. Additional lines or electrical and fiber optic cables can be added to produce any combination required for the transportation of various fluids, chemicals or data. The flying leads are then fitted with our terminations and Morays® that are attached to the Multiple Quick Connection plate, and finished off with the our elastometric bend limiters. The non-helixly wound design allows for our flying leads to be very installation friendly with minimal-bending stiffness. A compliant Moray consists of a 20-foot flexible flying lead with an electro-hydraulic Moray that is connected to a full-sized umbilical with the installation tension being applied through an armor pot and slings extending by the compliant section. A Moray is the termination head on the flying lead and connects the tubing assembly to the junction plate. Flying leads account for approximately 50% of our product revenue.

"The Company competes principally with FMC; Kvaerner and Oceaneering on its steel flying leads"


http://sec.edgar-online.com/2007/04/24/0001372198-07-000069/Section3.asp

-faz



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