Oilfield Quotes

We do not have any preconceptions that could be seen as attempts to deprive some Russian company of the possibility of exploiting oilfields in Iraq. - Hoshyar Zebari

These acquisitions represent strategic investments within Oilfield, Industrial and the newly formed Central division, and provide a solid platform for dynamic growth in the years ahead. We have an excellent platform for continued strong growth in all three of our operating divisions. - Al Cadotte

The filing of this application for re-listing on the Bulletin Board comes at an ideal time for the Company. We have recently developed a promising new source of revenue, where we will allow other energy companies to use our Bond to enter Louisiana for oil and gas exploration activities. In a short period of time, we have already signed up our first client and are working on others. Petrol will receive an overriding royalty interest in the oil and gas properties plus it will charge a fee for all other costs, such as putting wells on, management, parts, and other oilfield related costs, which fits into our strategy of being an energy services company. - David A. Taylor

If you look at Halliburton's history and financial statements, the oilfield services business has materially higher margins than does the engineering and construction side, and this would be a small chunk of the engineering and construction business. - Stephen Gengaro

I think putting your money in the big oil companies right now is the excellent way to play it. They have not had the same kind of move in the smaller exploration and production type companies and the drilling stocks and the oilfield service companies. Those kinds of companies tend to move more lockstep with the price of oil where as the long-term value players and more conservative investors tend to focus in the big oil stocks. So since they haven't made the move it's a great value opportunity. - Ed Maran

Bombings on some of the gas pipelines have affected operations in one of our oilfields leading to disruption of crude oil supply. We are now transporting oil to the refineries using tankers. - Nripen Bharali