Replies to post #42500 on Koil Energy Solutions Inc. (KLNG)

[fazoolius]

Sage,

Great presentation. It is incredible the rate of growth that was anticipated in 2006 when oil prices were considerably lower ~$60 or so a barrel. Now that the price of oil has increased, I can only imagine that demand for new rigs and a huge push to go deep water will occur. Just look at the discovery that Petrobras had a little while back.

http://www.nytimes.com/2007/11/19/world/americas/19braziloil.html?_r=1&ref=business&oref=slogin

Deep water is the new frontier and could hold a vast potential for oil field service providers.

-faz