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Pacific Drilling S.A. Message Board

  • jackmaster20 jackmaster20 Feb 20, 2013 10:24 PM Flag

    Global crude E&P treads.....

    Global demand for crude and natural gas will steadily grow over the next few
    decades...regardless of USA energy needs. This is bore out in the spread
    Between WTI and Brent crude prices. Emerging economies will continue to
    support energy demand and prices for the next 25 to 50 years.

    Crude is harder to locate each year. Deep sea E&P will be a larger portion
    of recoverable crude resources in the future. at the same time safety and
    crude production efficiencies in hostile weather/climate environments will necessitate
    enmploy by the super major energy
    firms and national energy producers.

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    • The weather/climate environments combined with the super major energy firms
      demand for safer and more efficient E&P technologies place PACD exactly in
      the prime area for UDW E&P growth and profits.

      PACD is totally levered to UDW drilling ships with the "best forthcoming"
      technologies. Their balance sheet is strong and they have very good supoert
      from the banking and energy industries. Dual gradient drilling will become the
      benchmark for UDW E&P throughout the globe.

      PACD under $ 10 is an outstanding value for any long term investor.

      P.S. Sorry for the technical gliche from the above 2 postings, that should have been one.....

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