Koil Energy Solutions Inc. (KLNG)

[mystic krewe]

IF that were to happen, and at this point opening FL and ANWAR is still a big if, it would be another one of those double-edged swords. Maybe more work for us, but also the risk of cooling off the deepwater market a bit if large areas of shallow water oil get put on the market. Keep in mind that DDI has products and services in Mako and EW that would still be in demand in constructing platform and rig fields, like instrumentation and oilfield rentals. And FL may begin in relatively deep shelf areas -- not ultra deep, but probably not close to beaches and deep enough for sat rental (which Mako offers), and if it is deep enough for sat, ROVs are still useful (again Mako). EW is still in play with rig and vessel instrumentation and processes. Plus, it will all still take time to develop, leaving deep water in play. Finally, it is widely held that deep water production remains profitable as long as oil is higher than $40 or $50 per barrel. Even if FL were opened up tomorrow, I don't see oil coming back to those levels for some time, if ever, as even those reserves probably won't make that much of a dent in demand. Just my thoughts, I could be wrong.