Deep Down, Inc. Secures GoM Order

Deep Down, Inc. Secures GoM Order

Deep Down, Inc. , an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services today announced that it has received an order in excess of $1.3 million for the design and manufacture of reels and cradles for a deepwater project in the Gulf of Mexico.

As part of the order, Deep Down will trans-spool the customer’s product onto the reels prior to final delivery. Delivery is scheduled to be completed during the second quarter 2013.

[mappress]

 March 14, 2013