Seasoned, experienced management team that has built billion dollar organizations
Subsea production capital expenditures expected to increase to $60 billion in next 5 years, with Deep Down vying for 2-3% of that market potential
Aggressive growth strategy to expand in rapidly growing deepwater offshore drilling and production industry
Expertise in new deepwater service and technology
Strong balance sheet
Rapidly growing revenue, income, and cashflow
Well definced acquisitions program
Vast client list includes: ExxonMobil, Chevron, Shell, BP, Texaco, etc.
Talented and experienced engineers, equipment operators, and consultants make up the Deep Down team and its managers
Conclusion
“We’re very much focused on building a successful company that will offer investment opportunities for generations to come.” Deep Down, Inc.’s Chairman and Chief Acquisitions Officer Robert E. Chamberlain Jr. is describing part of the Company’s initial mission. And in order to do that, the Company set out to become a leader in subsea services and product providers for offshore operations. Deep Down’s three subsidiaries range from bringing installation management and storage support to customers, to consultation services and rentals of vehicles and equipment. With a pipeline of products and services, a well-regarded management team and continued growth through various projects and acquisitions, Deep Down is poised to generate lucrative awards for all who are involved. “We think that we are a unique way to play the current trend toward exploration and production activities in ultra deep water as we search for oil and gas reserves,” said Chamberlain. “There is significant institutional interest in our story and year over year we experienced 120% revenue growth. We are profitable and we have a strong balance sheet, so I think we offer a very unique opportunity to those that are interested in the energy sector.”
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