Capex financed from positive cash-flow is a commercial model fully endorsed by the market. Far better this than capex financed from dilution or debt or both
NOV's DAYTONA 23RS drilling motor enters another new market! Check out the highlights from the first run in the Beetaloo Basin in Australia. The 7ΒΌ DAYTONA 23RS consisting of a Series 55RS bearing pack & 7" 7/8 5.7 ERTβ’ (0.23 rev/gal) enables MARSS BHA to drill a 3 km lateral to TD in the Beetaloo Basin.
These rotary steerable assist motors are in high demand, reach out to secure yours today.
The fractional, paper gold games perpetrated by the JP Morgan's of the world are coming to an end. The future price of gold will be determined by the supply and demand for material gold.