"The are over 50 projects in the deepwater and ultra-deepwater sector planned to start up before the end of 2011 for which no rigs have been contracted as of yet. 50% of the demand is concentrated in West Africa and approximately 20% in the Asia-Pacific region. It is important to add that the expansion of our rig capacity also increases our economies of scale."
This is great news for DRYS. George has seen the need and is going to it. Kudos. May this reflect increased SP and in our wallets
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