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Helix Energy Solutions Group, Inc. Message Board

  • giant_seq giant_seq Jul 23, 2012 9:18 PM Flag

    42 cents reported/ 51 cents adjusted

    Solid Q. 42 cents, or 51 cents if you back out the 9 cent charge they took for stacking the intrepid. Estimates were around 42 or 43 cents. Pretty Positive outlook, and they keep buying more ROVs. The new ship to be avaialable in 2013 is a nice surpirse. Here is the informaiton on it from tomorrow's the presentation.

    Agreed to acquire the Transocean drillship, Discoverer 534
    โˆ’
    Drillship to undergo conversion into a well intervention vessel in Singapore
    โˆ’
    Estimated $180 million for vessel, conversion and intervention riser system (all expected to be incurred in 2012)
    โˆ’
    Expect to initially deploy vessel to Gulf of Mexico in the first half of 2013

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HLX
22.39+0.08(+0.36%)Apr 16 4:02 PMEDT

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