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The Company provides contract drilling services to the energy industry around the globe and deals in deepwater drilling.
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oxsigtech (< 20) Submitted: 7/18/08 2:50 PM : Start Price: $120.92 DO Score: -10.57
The oil fields in Africia will continue to out put less and less, about(25-40%), as the fighting continues. Sometime after the elections (Nov. 5 or 6) the Israelis destroy Iran's nuke program, no one else is going to do it. The mideast goes crazy and oil goes to $200 a barrel. This stock doubles.
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