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The Company is a marine contractor, which provides manned diving, pipelay and pipe burial services to the offshore oil and natural gas industry.
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saunafool (96.70) Submitted: 9/17/08 8:57 AM : Start Price: $9.94 DVR Score: -0.90
At this point, the oil & gas services sector is beaten into the ground, just because oil has fallen to $90/bbl. It would have to fall to $40/bbl before these folks see even the slightest slowdown in activity.
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