Deep Down Inc. - Aktie des Tages!!
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Eröffnet am: | 11.06.07 09:13 | von: HotStockGur. | Anzahl Beiträge: | 176 |
Neuester Beitrag: | 17.04.11 19:56 | von: Schaunwirma. | Leser gesamt: | 37.466 |
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Deep Down, Inc., an installation engineering and management company, operates in the offshore segment of the energy industry. It engages in the design, manufacture, fabrication, sales, and service of subsea equipment, surface equipment, and offshore rig equipment for use in deepwater, harsh environment, and severe service applications. The Company’s products include flying lead installation; maintenance and termination systems; buoyancy and rigging systems; high and low pressure testing and monitoring systems; latch systems; lay chutes; rollers; tensioners; and offshore storage and space management systems. It also provides installation management, retrieval, engineering services, support services, and storage management
services for the subsea controls, umbilicals, and pipeline industries offshore. In addition, the company fabricates component parts, such as umbilicals, flowlines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems for subsea distribution systems; and assemblies that specialize in the development of offshore subsea fields and tie backs. It offers its services from the initial field conception phase, thru manufacturing, site integration testing, installation, topsides connections, and the final commissioning of a project. The Company was founded in 1997 and is based in Channelview, Texas.
The Company’s ElectroWave subsidiary offers products and services in the fields of electronic monitoring and control systems for the energy, military, and commercial business sectors. ElectroWave designs, manufactures, installs, and commissions integrated PLC and SCADA based instrumentation and control systems, including ballast control and monitoring, drilling instrumentation, vessel management systems, marine advisory systems, machinery plant control and monitoring systems, and closed circuit television systems.
The Company’s Mako subsidiary serves the growing offshore petroleum and marine industries with technical support services, and products vital to offshore petroleum production, through rentals of its remotely operated vehicles (ROV), topside and subsea equipment, and diving support systems used in diving operations, maintenance and repair operations, offshore construction, and environmental/marine surveys.
Reasons to Consider this Stock
Rapidly growing industry
Seasoned, experienced management team that has built billion dollar organizations
Subsea production capital expenditures expected to increase to $60 billion in next 5 years, with Deep Down vying for 2-3% of that market potential
Aggressive growth strategy to expand in rapidly growing deepwater offshore drilling and production industry
Expertise in new deepwater service and technology
Strong balance sheet
Rapidly growing revenue, income, and cashflow
Well definced acquisitions program
Vast client list includes: ExxonMobil, Chevron, Shell, BP, Texaco, etc.
Talented and experienced engineers, equipment operators, and consultants make up the Deep Down team and its managers
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Conclusion
“We’re very much focused on building a successful company that will offer investment opportunities for generations to come.” Deep Down, Inc.’s Chairman and Chief Acquisitions Officer Robert E. Chamberlain Jr. is describing part of the Company’s initial mission. And in order to do that, the Company set out to become a leader in subsea services and product providers for offshore operations. Deep Down’s three subsidiaries range from bringing installation management and storage support to customers, to consultation services and rentals of vehicles and equipment. With a pipeline of products and services, a well-regarded management team and continued growth through various projects and acquisitions, Deep Down is poised to generate lucrative awards for all who are involved. “We think that we are a unique way to play the current trend toward exploration and production activities in ultra deep water as we search for oil and gas reserves,” said Chamberlain. “There is significant institutional interest in our story and year over year we experienced 120% revenue growth. We are profitable and we have a strong balance sheet, so I think we offer a very unique opportunity to those that are interested in the energy sector.”
Disclaimer:
Wallst.net is owned and licensed by Wallstreet Direct, Inc. All material herein was prepared by Digital Wall Street, Inc. based upon information believed to be reliable. The information contained herein is not guaranteed by Digital Wall Street, Inc. to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Digital Wall Street, Inc. is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.wallst.net or mentioned herein. Digital Wall Street, Inc. has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. We have received ten thousand dollars from Deep Down, Inc. for media and advertising services. Digital Wall Street, Inc. may sell its shares for less than the target price given in this opinion. Digital Wall Street, Inc.'s affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. Digital Wall Street, Inc. will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
14 WallStreet 20th Floor, New York, NY 10005
Photos of DDI manufactured equipment for the Shell Perdido Spar
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29660490
PR Newswire "US Press Releases "
CHANNELVIEW, Texas, June 5 /PRNewswire-FirstCall/ -- Deep Down, Inc. (OTC Bulletin Board: DPDW) announced today that it has closed a $40 million private placement of common stock to institutional and accredited investors. Deep Down sold 57,142,857 shares of its Common Stock at a price of $0.70 per share. As part of this transaction, Deep Down will file a registration statement covering the resale of the shares of Common Stock acquired in this offering. Dahlman Rose & Company, LLC acted as exclusive placement agent for the financing.
Deep Down used $22.0 million of the net proceeds to complete the previously announced acquisition of Flotation Technologies, which closed today. Flotation recently introduced its patent pending CoreTec (TM) drilling riser buoyancy modules, which Deep Down believes can become the industry standard for ultra deepwater applications. Deep Down will use approximately $12.5 million of the net proceeds to repay a $12 million mezzanine facility that was provided by Prospect Capital Corporation. This mezzanine facility has a 15.5% annual interest rate. The Company will use the remaining net proceeds for working capital and general corporate purposes.
"We are extremely pleased by the vote of confidence conveyed by the professional investors who are participating in this private placement. The ability to raise $40 million with these sophisticated investors validates the business plan and strategy we have developed," commented Ronald E. Smith, Deep Down's President and CEO. "Repayment of the mezzanine facility will give us an essentially debt-free balance sheet and save us over $2.0 million per year in interest and other related costs," added Eugene L. Butler, Deep Down's CFO. "As evidenced by the recent $9 million letter of intent from Delba International to supply and install the deepwater marine drilling riser flotation system for the new-build Delba III semisubmersible drilling rig, we are already experiencing significantly positive developments from our planned ownership of Flotation Technologies," concluded Robert E. Chamberlain, Jr., Deep Down's Chairman.
About Deep Down, Inc.
Deep Down specializes in the provision of innovative solutions, installation management, engineering services, support services, custom fabrication and storage management services for the offshore subsea control, umbilical, and pipeline industries. The company fabricates component parts of subsea distribution systems and assemblies that specialize in the development of subsea fields and tie backs. These items include umbilicals, flow lines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems, among others. Deep Down provides these services from the initial field conception phase, through manufacturing, site integration testing, installation, topside connections, and the final commissioning of a project.
The Company's Flotation Technologies subsidiary is a recognized leader in the design and manufacture of deepwater buoyancy systems, specializing in Flotec(TM) syntactic foam and polyurethane elastomer products. With extensive engineering, design, fabrication, and analysis capabilities, Flotation Technologies provides quick turnaround, cost-effective buoyancy and elastomer products to the worldwide oceanographic, offshore energy, seismic, and military markets.
The Company's Mako subsidiary serves the growing offshore petroleum and marine industries with technical support services, and products vital to offshore petroleum production, through rentals of its remotely operated vehicles (ROV), topside and subsea equipment, and diving support systems used in diving operations, maintenance and repair operations, offshore construction, and environmental/marine surveys.
The Company's ElectroWave subsidiary offers products and services in the fields of electronic monitoring and control systems for the energy, military, and commercial business sectors. ElectroWave designs, manufactures, installs, and commissions integrated PLC and SCADA based instrumentation and control systems, including ballast control and monitoring, drilling instrumentation, vessel management systems, marine advisory systems, machinery plant control and monitoring systems, and closed circuit television systems.
The Company's strategy is to become a leading provider of products and services to the offshore industry, including shallow, deep and ultra-deep water applications in oil and gas exploration, development and production activities and maritime operations. Management plans to achieve this strategy through organic growth and strategic acquisitions of complementary businesses with technological advantages in deepwater environments. Deep Down's customers include Acergy, Aker Kvaerner, Amerada Hess, Anadarko Petroleum Corporation, BHP, BP Petroleum, Cabett, Cooper Cameron, Chevron Corporation, Dril-Quip, Inc., Devon Energy Corporation, Diamond Offshore, Duco, Exxon Mobil Corporation, Helix, JDR, Kerr-McGee Corporation, Marinette Marine Corporation, Marathon Oil Corporation, Nexans, Inc., Noble Energy Inc., Oceaneering International, Inc., Oil States, Petrobras, Royal Dutch Shell, Statoil, Subsea 7, Inc., Technip, Transocean Offshore, Veolia Environmental Services and Wellstream International, among others. For further company information, please visit http://www.deepdowninc.com, and http://www.flotec.com, http://www.makotechnologies.com and http://www.electrowaveusa.com.
This release may contain forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, and accordingly, the cautionary statements contained in Deep Down's Annual Report on Form 10-KSB for the year ended Dec. 31, 2007 and Quarterly Report on Form 10-QSB for the quarter ended March 31, 2008, and other filings with the Securities and Exchange Commission are incorporated herein by reference.
These factors include, but are not limited to: the offshore oil and gas industry is a historically cyclical industry with levels of activity that are significantly affected by the levels and volatility of oil and gas prices; numerous operating hazards that may not be covered by insurance; occurrence of an event not fully covered by insurance; losses on fixed-price contracts; failure to develop new products; Loss of our key management or other personnel; failure to integrate business that we acquire; risks relating to international operations; operating hazards and risks relating to offshore oilfield operations; Laws and government regulations; Environmental laws and regulations and failure to comply with such laws and regulations; Provisions in our corporate documents and Nevada law could delay or prevent a change in control of our Company; We may be unable to successfully compete with other manufacturers of drilling and production equipment; The loss of a significant customer could have an adverse impact on our financial results; Our customers' industries are undergoing continuing consolidation; Increases in the cost of raw materials and energy used in our manufacturing processes; Future capital needs; We depend on third party suppliers for timely delivery of raw materials and supplies; risks relating to protecting our intellectual property; risks relating to infringing on the intellectual property rights of third parties; Limitation on remedies, indemnification. One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and actual results and performance in future periods may be materially different from any future results or performance suggested by the forward-looking statements in this release. Deep Down expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in its expectations of results or any change in events.
SOURCE Deep Down, Inc.
PR Newswire "US Press Releases "
HOUSTON, June 5 /PRNewswire-FirstCall/ -- Deep Down, Inc. (OTC Bulletin Board: DPDW) today announced that it has received a second letter of intent for approximately $9 million from Delba International to supply and install the deepwater marine drilling riser flotation system for the new-build Delba IV semisubmersible drilling rig. The letter of intent is subject to the negotiation of a final purchase order once engineering is completed. The Letters of Intent authorize expenditures for such engineering efforts. Together with the previously announced Letter of Intent for the Delba III, Deep Down now has orders for approximately $18 million of deepwater marine drilling riser flotation systems. Both the Delba III and the Delba IV are rated to drill in 2,400 meters of water but are readily upgradeable to 2,700 meters and have long term contracts to drill in Brazilian waters.
"A Letter of Intent is the first step in a committed process which typically becomes a purchase contract upon completion of joint engineering efforts between us and our clients," commented Ronald E. Smith, Deep Down's president and CEO.
About Deep Down, Inc.
Deep Down specializes in the provision of innovative solutions, installation management, engineering services, support services, custom fabrication and storage management services for the offshore subsea control, umbilical, and pipeline industries. The company fabricates component parts of subsea distribution systems and assemblies that specialize in the development of subsea fields and tie backs. These items include umbilicals, flow lines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems, among others. Deep Down provides these services from the initial field conception phase, through manufacturing, site integration testing, installation, topside connections, and the final commissioning of a project.
The Company's Flotation Technologies subsidiary is a recognized leader in the design and manufacture of deepwater buoyancy systems, specializing in Flotec(TM) syntactic foam and polyurethane elastomer products. With extensive engineering, design, fabrication, and analysis capabilities, Flotation Technologies provides quick turnaround, cost-effective buoyancy and elastomer products to the worldwide oceanographic, offshore energy, seismic, and military markets.
The Company's Mako subsidiary serves the growing offshore petroleum and marine industries with technical support services, and products vital to offshore petroleum production, through rentals of its remotely operated vehicles (ROV), topside and subsea equipment, and diving support systems used in diving operations, maintenance and repair operations, offshore construction, and environmental/marine surveys.
The Company's ElectroWave subsidiary offers products and services in the fields of electronic monitoring and control systems for the energy, military, and commercial business sectors. ElectroWave designs, manufactures, installs, and commissions integrated PLC and SCADA based instrumentation and control systems, including ballast control and monitoring, drilling instrumentation, vessel management systems, marine advisory systems, machinery plant control and monitoring systems, and closed circuit television systems.
The Company's strategy is to become a leading provider of products and services to the offshore industry, including shallow, deep and ultra-deep water applications in oil and gas exploration, development and production activities and maritime operations. Management plans to achieve this strategy through organic growth and strategic acquisitions of complementary businesses with technological advantages in deepwater environments. Deep Down's customers include Acergy, Aker Kvaerner, Amerada Hess, Anadarko Petroleum Corporation, BHP, BP Petroleum, Cabett, Cooper Cameron, Chevron Corporation, Delba International, Dril-Quip, Inc., Devon Energy Corporation, Diamond Offshore, Duco, Exxon Mobil Corporation, Helix, JDR, Kerr-McGee Corporation, Marinette Marine Corporation, Marathon Oil Corporation, Nexans, Inc., Noble Energy Inc., Oceaneering International, Inc., Oil States, Petrobras, Royal Dutch Shell, Statoil, Subsea 7, Inc., Technip, Transocean Offshore, Veolia Environmental Services and Wellstream International, among others. For further company information, please visit http://www.deepdowninc.com, and http://www.flotec.com, http://www.makotechnologies.com and http://www.electrowaveusa.com.
This release may contain forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, and accordingly, the cautionary statements contained in Deep Down's Annual Report on Form 10-KSB for the year ended Dec. 31, 2007 and Quarterly Report on Form 10-QSB for the quarter ended March 31, 2008, and other filings with the Securities and Exchange Commission are incorporated herein by reference.
These factors include, but are not limited to: the offshore oil and gas industry is a historically cyclical industry with levels of activity that are significantly affected by the levels and volatility of oil and gas prices; numerous operating hazards that may not be covered by insurance; occurrence of an event not fully covered by insurance; losses on fixed-price contracts; failure to develop new products; loss of our key management or other personnel; failure to integrate business that we acquire; risks relating to international operations; operating hazards and risks relating to offshore oilfield operations; laws and government regulations; environmental laws and regulations and failure to comply with such laws and regulations; provisions in our corporate documents and Nevada law could delay or prevent a change in control of our Company; we may be unable to successfully compete with other manufacturers of drilling and production equipment; the loss of a significant customer could have an adverse impact on our financial results; our customers' industries are undergoing continuing consolidation; increases in the cost of raw materials and energy used in our manufacturing processes; future capital needs; we depend on third party suppliers for timely delivery of raw materials and supplies; risks relating to protecting our intellectual property; and risks relating to infringing on the intellectual property rights of third parties. One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and actual results and performance in future periods may be materially different from any future results or performance suggested by the forward-looking statements in this release. Deep Down expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in its expectations of results or any change in events.
SOURCE Deep Down, Inc.
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DPDW Board, Week ending 6-14-08 News & Views. Deep Down Inc.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30014392
I mailed Steve Haag to say thank you for the investor kit ! :)
Subject: Investor Kit arrived !
Hello Steve,
i'd like to thank a lot for sending me the investor kit, it has arrived today and i liked the content very much !
I see great things ahead in the next years what is concerning the Business DDI does and i have to say That Flotation Technologies is
very well linked in the internet.
I "google'd" Flotation Technologies and i am very impressed of how many links i found already.
I do believe all those connections will help the other DDI divisions aswell and i am looking forward the next years seeing DDI sailing
safe Deep Down through the subsea world. :)
Greetings from Germany & GO DPDW,
Bernd
P.S. I believe you know it already , but there is a great investor community on investorshub , the "ibox" is a very nice collection with alot of DD !
http://investorshub.advfn.com/boards/board.aspx?board_id=7181
Flotation Technologies, Deep Down Inc., Electrowave, and MAKO on the front page of Offshore Magazine:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30615553
Videochart von Claytrader:
http://investorshub.advfn.com/boards/playvideo.aspx?v_id=67
Momo's Chart:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30617005
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30615553
Videochart von Claytrader:
http://investorshub.advfn.com/boards/playvideo.aspx?v_id=67
Momo's Chart:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30617005
10/889,192 SYSTEM AND METHOD FOR TERMINATION OF AN UNDERSEA UMBILICAL 7/12/2004 7/12/2024
10/889,413 METHOD AND APPARATUS FOR INSTALLING AND UNDERSEA UMBILICAL 7/12/2004 7/12/2024
61/033,505 MODULAR SUBSEA POWER PLANT 3/4/2008 3/4/2028
10/841,593 COMPLIANCE SPLICE 5/7/2004 5/7/2024
10/925,878 ALARM MESSAGING SYSTEM FOR DELIVERING MESSAGES TO A HIERARCHY OF PRIORITIZED IP ADDRESSES 8/25/2004 8/25/2024
"The Company currently holds one patent covering riser tensioner sensor assembly. An additional five patents have been applied for and are in process.
Trademarked names of the Company include DRILSYSTM, ELECTROWAVETM, MUDSYSTM, AQUASOXTM, MORAYTM and SEASTAXTM."
http://www.freepatentsonline.com/20060005971.html
http://www.freepatentsonline.com/6869254.html
http://www.freepatentsonline.com/20060005970.html
Some company trademarks
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Auf der Suche nach neuen Vorkommen investieren die Ölmultis wie nie. Öl-Service-Unternehmen sind daher bis weit ins Jahr 2009 ausgebucht. Einer der interessantesten Werte ist die US-Firma Transocean.
http://www.boerse-online.de/aktien/...hore-Profis-gefragt/500535.html
Info: Transocean ist ein Deep Down Kunde !!!