News Focus
News Focus
Followers 25
Posts 1795
Boards Moderated 0
Alias Born 12/06/2007

Re: JoeSmith post# 71405

Friday, 07/11/2008 2:58:03 PM

Friday, July 11, 2008 2:58:03 PM

Post# of 107353
Wonder if it's a horizontal version of a Proteus:
http://www.reuters.com/article/pressRelease/idUS225619+07-Feb-2008+PRN20080207
"Our Proteus design continues to exceed customer specifications. We are
now capable of producing Proteus systems on a mass production level. In
addition to the original vertical design for lighter load applications, we can
also deliver a horizontal, scaled up, higher tension version of our active
heave compensation system to augment Abandon and Retrieval winches in the
50-100 ton range.
We envision these Proteus units selling from $500,000 for
the smaller units up to $1.5 million each for the larger applications," says
Ronald E. Smith, Deep Down's President & CEO.

Sage

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KLNG News