Ezion

Ezion: Speaking at CLSA’s conference last week, Ezion’s CEO remains convinced that liftboat adoption momentum will pick up as customers are educated on the benefits. Expects Ezion to clinch some eight-to-twelve contracts per year, which will be the driving force for the co. As a guide, in America you have about 250 liftboats servicing ard 3,257 oil producing platforms, while in Asia, we only have 62 lift boats servicing abt 3,226 platforms. Ezion being the largest lift boat provider in Asia would benefit from this trend.