News Focus
News Focus
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bliz82

11/25/08 11:49 AM

#82333 RE: sweck #82327

This paragraph says it all...especially that last sentence!!!

"We chose Deep Down to satisfy our buoyancy requirements on the Delba III for two principle reasons. We believe the highly engineered CoreTec(TM) modules provide a superior and cost-effective solution with its demonstrated durability
and longevity at ultra high ocean depths. A second, and equally important consideration, is Deep Down's long-standing reputation for providing exemplary installation services of all types of equipment in offshore operations at any depth," commented Drilmar Monteiro, Delba Drilling International Cooperatie U.A.
"We anticipate continued use of this solution in our Brazilian operations, as we have a significant backlog of rigs all requiring an effective and durable buoyancy solution for deepwater operations."
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SageWise

11/25/08 11:54 AM

#82338 RE: sweck #82327

Great news! Thanks for posting it.

Sign of things to come:

"We anticipate continued use of this solution in our Brazilian operations, as we
have a significant backlog of rigs all requiring an effective and durable
buoyancy solution for deepwater operations."
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MossyOak

11/25/08 12:26 PM

#82346 RE: sweck #82327

AWESOME BABY, Happy Thanksgiving!!
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alien42

11/25/08 3:20 PM

#82363 RE: sweck #82327

just a reminder for those who may not already know, there are a total of six Delba rigs under contract with Petrobras between 2010 and 2012. we knew DPDW likely had this business but after todays PR it is now confirmed.

pg 37 - http://www2.petrobras.com.br/ri/pdf/GeneralPresentation-June-July2008.pdf
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jdsgungho

11/25/08 4:45 PM

#82368 RE: sweck #82327

woooooooooohoooooooooo, i was starting to wonder About delba getting the funds for this. Excellent news !!!

GO DPDW GO

nice day today
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jk21

11/25/08 6:09 PM

#82374 RE: sweck #82327

weeee! just got home, great news. i'm looking at the tape from today.....doesn't look like one sale to the bid all day. wowza. trades in the spread, yes, and some of those could be called sales but none to the bid. let's make this turn!!
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alien42

11/26/08 1:08 AM

#82382 RE: sweck #82327

not a bad first year for a product introduced in January...

http://www.mcclainmarketing.com/client-news/Flotation-Technologies-Launches-CoreTec,-A-New-Drilling-Riser-Buoyancy-Module-

i may sound like a broken record but CoreTec™ shall bring us the money.

if tombrady is out there, any holiday trips planned to Flotation Tech to check expansion progress?