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Saturday 06/23/2018
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oilfield

  • 1:51 PM

    HOUSTON, July 26, 2016, DPDW, /PRNewswire/ — Deep Down, Inc. (OTCQX: DPDW) (“Deep Down”), an oilfield services company specializing in deepwater and ultra-deepwater oil production distribution system support services, announced today it has received orders for flying leads and umbilical accessories, valued at over $3 million, directly from two major operators. The equipment is scheduled to be delivered and deployed in the Gulf of Mexico in the first half of 2017. Ron Smith, Chief Executive Officer of Deep Down, Inc.

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  • 2:38 PM

    HOUSTON, May 23, 2016, DPDW, /PRNewswire/ — Deep Down, Inc. (OTCQX: DPDW) (“Deep Down” or the “Company”), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced its Board of Directors has authorized the repurchase of up to $1 million in shares of the Company’s common stock.  The repurchase program will be funded from cash on hand and cash provided by operating activities. Ronald E. Smith, Chief Executive Officer, stated “We believe

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  • Financial Markets Today
    2:22 PM

    Apr 19, 2016 OTC Disclosure & News Service, AMAZ – Amazing Energy Oil and Gas Co. (OTCQX: AMAZ) is pleased to announce that it has entered into an agreement to acquire Jilpetco Inc., a Texas corporation which is engaged in the business of operating and providing oilfield services to oil and gas properties. The Company will acquire Jilpetco Inc. from Jed Miesner who serves as the Company’s CEO and President. Mr. Miesner will sell all his interest in Jilpetco Inc., being

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  • 3:37 PM

    HOUSTON, March 9, 2016 /PRNewswire/ — Deep Down, Inc. (OTCQX: DPDW) (“Deep Down”), an oilfield services company specializing in deepwater and ultra-deepwater oil production distribution system support services, announced today it has received an order from Shell for an umbilical and distribution system to support a production platform mooring line control system. In addition to supporting platform positioning, the system will provide real time data collection during high seas and platform operations. Due to increasing safety standards for wave zone equipment,

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