Thanks for posting the Smart Investor magazine Woy Woy.
In the article they mention there are 5000 oil rigs in the Gulf of Mexico - more than half need repairs. They have erred in this statement - there are in fact over 5000 fixed platforms in GOM & approximately 70 offshore drilling rigs.
There are around 350 off shore drilling rigs worldwide with a further 130 new rigs to come online by 2010.
Additionally there are 2500 offshore fixed platforms in Sth East Asia & The Middle East.
When you compare those stats it is easy to see why Neptune acquired USUS.
- Forums
- ASX - By Stock
- BLV
- smart investor
smart investor, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BLV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online