Right Pooch. Wait til these miners realize what they have found when the bought MMR and Plains and all those leases. The Plains purchase alone was monetized immediately bringing better financing and higher returns. Soon production will leap to NG and LNG exports, along with oil profits. And this sector of the company might become the real diamond in the mine!
9:02 am Cameron receives order from Freeport-McMoRan Oil & Gas (:FCX) to supply a 25,000 psi blowout preventer stack and 25,000 psi manifold (:CAM) : Co announced that it has received an order from Freeport-McMoRan Oil & Gas (FCX) to supply a 25,000 psi blowout preventer stack and 25,000 psi manifold. Cameron delivered the industry's first and only 13-5/8" 25,000 psi blowout preventer to Freeport-McMoRan in 2011. After successful and extensive use in the Gulf of Mexico, Freeport-McMoRan has decided to place this second order with Cameron for high pressure activity planned to begin in 2015.