Chevron is by no means alone in investing in the Gulf. Analysts estimate that the number of platforms there will grow from 35 now to roughly 60 by the end of 2015, including strategic investments from companies such as Shell and Anadarko.
Now we need to find a way for VTG to be part of this. A buy out would be a good start.
Chevron builds its platforms big. Jack St. Malo is about 75,000 tons and will float in 7,000 feet of water, Chevron said. Big Foot will be in a field that is estimated to contain more than 200 million barrels of recoverable resources and will float in 5,000 feet.
Now we talking OIL ! 200 million barrels of OIL in one field....
Would like Cobalt to get contracted to Chevron or BP... Never know maybe a deal can be made with BP !
Well you better hope a deal with BP or at least a company to buy-out like Biker suggested. I don;t think you get the big picture in all this. If investors had the confidence you had (typical penny investor) traders would be buying this stock in masses. Big movers are not buying into all the lawsuit BS you and others keep throwing-out there nor all these new rigs invested in. As an investor, i look for "SOLID" management. VTG doesn't have it and no lawsuit or settlement is going to change the style of management. SO, give-up the happy meals this weekend and buy a couple more shares of this Dreamland driller. Your post make the clubhouse so much fun!!!!!