Wall Street Ledger Talks to Estrella International Energy Services Ltd, Pacific Energy Limited and Sea Dragon Energy

Share Article

Wall Street Ledger has posted interviews for representatives from Estrella International Energy Services, Pacific Energy Limited and Sea Dragon Energy to give listeners a brief view on how their companies operate.

News Image

Estrella International Energy Services Ltd, largest service is drilling the work-over rigs with a fleet of 19 rigs spread around South America. It also has a directional drilling business that runs in association with Scientific Drilling from California, and a consulting and engineering business, which does everything from simple well programs right up to contractor ownership for some small companies in Argentina and Columbia.

Highlights of the interview:
-- Drilling market in South America consists of roughly 600 drilling rigs and around 3,000 work-over rigs so you could consider the whole market to be about a third of the size of the U.S. market.
-- In South America, for a variety of reasons, there have not been a lot of regional companies.
-- The one overriding trend that’s going on right now in South America is the resources being developed. It is currently being looked at now and is increasingly more challenging.
Audio link: http://www.wallstreetledger.net/index.php?id=470

Pacific Energy Limited provides electricity supply nationally in Australia to new and existing resource projects.

Highlights of the interview:
-- Market that they specifically operate in currently is the Australian resources sector.
-- Their product offering is specifically directed at the Australian resources sector, Pacific Energy essentially designs and constructs commissions, and maintains the bespoke tower stations that are co-located at a remote mining operation.
-- One of their more recent customers is an Australian gold company which has two power stations at two separate mines owned by the company.
Audio link: http://www.wallstreetledger.net/index.php?id=445

Sea Dragon Energy has three concessions in Egypt, which is the Columbia concession in the south of the country cooperating with Dema Gas at 50% each. Sea Dragon is primarily focused on North Africa and Sub-Saharan Africa. Currently our activities are concentrated in Egypt, where we have interests in three concessions with short- and long-term potential.

Highlights of the interview:
-- They have three concessions in Egypt which is the Columbia concession in the south of the country we’re cooperating with Dema Gas at 50% each.
-- Egypt has a very good infrastructure as far as living and operations and services. All the major names are in Egypt. The services are abundant and names like Schlumberger, Haliburton and Santa Fe are drilling offshore. Those kinds of names are there.
-- Their vision is to diversify in one or two additional geographic jurisdiction.
Audio link: http://www.wallstreetledger.net/index.php?id=465

Wall Street Ledger
Shanani Calidguid

Cautionary Statement:    

Excluding historical information enclosed in this document and other documents released by the company's representatives concerning the same subject matter may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be located by the fact that they use words such as anticipates , believes, estimates, plans, expects, intends, projects, should, will and words of similar meaning. These statements involve a number of risks and uncertainties that could cause actual results to materially differ from the potential results discussed in the "forward-looking statements". Some risk factors are known and some are not. Amongst the known factors that could cause actual results and outcomes to differ materially from those contained in such "forward-looking statements" can be identified from the reports filed by the company with Securities and Exchange Commission. Consequently, Wall Street Ledger cautions you to place undue reliance on any forward looking statements in this announcement. Wall Street Ledger interview assumes no obligation to update any "forward-looking" statements that it may make.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Nicole Conti
Visit website