The economic recovery is gathering steam and whilst the $A strength is a negative, that will be far outweighed by high demand for oil and gas as the world scrambles for guaranteed supply. Its an unfolding scenario that might well see oil spike and oil and gas service companies in high demand in the near to medium term. There has been underinvestment in oil and gas service capability worldwide and Neptune is now positioned to ride that demand. Low debt; well capitalised; and an increased global footprint - its a bet on the recovery so Lange's strategy is not without risk, but it is looking more and more like the oilfield of dreams. 'Build it and they will come'
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