Replies to post #71158 on Koil Energy Solutions Inc. (KLNG)

[JoeSmith]

Stir it man, stir it. brikk, there are five umbilicals
being assembled at Deep Down now.
The red tape is up around three of them,
two of them have tails that reach clear out into the West yard.

[JoeSmith]

brikk, in the east yard a large cable machine has sat for several years. They use it in certain operations from time to time, I've never seen it moved and I don't think it ever goes out on a job.

Today it and another machine that sit in that yard behind the gantry crane have been moved out front.

The big yellow platform that has sat next to the sign has also been moved. It's almost like they are clearing that area next to the building for something.

I wonder what arrived on these new pallets, somebody picked them up today.

[JoeSmith]

Some forklift action today. screenshots



Yea, before it turned the corner, I could see the Flotation Technologies logo. Notice the indent down the side.



btw, it did go to the East Yard



you remember these heading to Petrobras of course.

[stkjunky]

brikk OK, thanks for the link. I read the article, and found nothing in it that should not be expected given the current NATIONAL oil situation.

However, I did not copy & paste from this article. I copied & pasted from a poster's message. Did not see him get blasted for not showing the entire link.

Now, so what... Do you not understand the simplicity of the part that I quoted regarding near term delay's, (ACTUALLY EXCUSES), for not getting with the program and issuing contracts. If DPDW gets contracts now, NOT LATER, it will only help speed up the time from planning to inception. Give them the contracts now, not later, is really easy to understand. Anyone with any reasonable ability to read between the lines would have understood this.

[1918forever]

I posted the Acergy note below:

"Across the industry, project awards continue to be delayed. This has somewhat impacted our backlog progression, following the material increases at the end of 2007 and early 2008. These project award delays, combined with the arrival of additional tonnage, may have further impact in the coming months. However, we believe this represents only a short-term challenge for ourselves and the industry and it should not be seen as indicative of change in the medium and long-term market prospects which remain robust."

I was simply quoting what was posted...this in my eyes is extremely bullish news for DPDW (as was commented by another poster) for the following:

- Long-Term deep drilling services appear ripe for growth
- Delays in project awards will only grant DPDW more time (after all it is still in its growth phase - with 3 acquisitions in under a year
- $100 Oil will be the new floor...so the longer it takes for oil to be deep drilled the more pressure these so called backlogs will add to the supply/demand balance.