The Company, together with its subsidiaries is engaged in the international offshore drilling and completion of exploratory and developmental oil and gas wells and related support, management and consulting services.
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The recent sell off in drillers and the declines of alot of big energy hunters had nothing more to do with profit taking than it did with fundamentals. Oil will be back in the $150 range before the end of 2008. This is great price on this outstanding driller!