stock with greatest potential, page-17

  1. 5,261 Posts.
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    CKK have amazing technology which is just about to go commercial and could potentially save the oil & gas sector billions of dollars:

    ◆ Offshore rig hire costs $1M/day

    ◆ On a standard well a company stands to save 1-2 days on rig hire by utilising CKK's Core Level Recorder System

    ◆ If they need to drill a side track well the company will save a further 1-2 days on rig hire

    ◆ At current prices a MAJOR could take CKK out and have their investment paid for in approx. 8 wells

    ◆ In Australia up to 100 offshore wells per year are drilled

    ◆ Technology is available worldwide and patented

    ◆ CKK is currently in discussions with a number of major industry participants regarding use of the CLRS for upcoming coring jobs

    ◆ Once the technology is proven to be commercially successful Halliburton, Baker Atlas or Schlumberger IMO will swoop on Coretrack

    DYOR,
    JB
 
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