Replies to post #69194 on Koil Energy Solutions Inc. (KLNG)

[jdsgungho]

unbelievable article on just how super strong the entire deep water sector is about to become!

it's going to take a little time and some patience but i'm telling ya this is gonna be the ride of a lifetime as deep down continues to position itself as a leader in the deep water market, a market that is going to be boiling over for years to come!

thanks for posting that synergistic, made my day!

GO DPDW GO

[SageWise]

Thx for the article, Syn
"The oil reserves that were easy to reach are all drying up," said Harris Lee, vice president in charge of Samsung's offshore drilling rig business. "The future is in exploring the deep seas and harsh environments."
This is also why heave compensation will be more important:
"A big challenge in deep-sea drilling is staying over the same spot on the sea floor even as the vessel is buffeted by strong winds, currents and waves on the surface far above. Because water depths can reach up to 10,000 feet, far too deep for traditional rigs that are moored to the seafloor, ships like the West Polaris rely on high-speed computers that use global-positioning satellites to control an array of six swiveling propellers on the hull's bottom."