JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 07/19/11 — offers investors comprehensive research on the Oil & Gas Drilling & Exploration industry and has completed analytical research on (NYSE: ESV) and (NYSE: RDC). Register with us today at to have free access to these researches.
The Oil and Gas Drilling and Exploration sector is beginning to see better fundamentals lately, and could possibly achieve some level of pricing power for the first time in a while. Companies throughout the sector are receiving upgrades for this reason as demand for jack-up and ultra-deep water rigs are likely increasing due to growing capital expenditure in the oil and gas sector. This is possibly a reason why Joy Global acquired Rowan Companies Inc. last month for $1.1 billion as the company-s premium jack-ups could yield some strong earnings. research report is available for free by signing up now at .
is an online platform where investors doing their due-diligence on the Oil & Gas Drilling & Exploration industry can have easy and free access to our analyst research and opinions on Ensco International Inc. and Rowan Companies Inc.; investors and shareholders of these companies can simply register for a complimentary membership at .
Companies with exposure in Brazil and Africa will likely be in a particularly lucrative position. Some analysts predict that 38% of all deepwater capital expenditure in the sector will come from Brazil where 90% of proven oil reserves are offshore. Because a lot of these Brazilian fields are in the pre-salt region, the more specific rig types will draw higher prices. In West Africa where the unstable geo-political situation has shaken some investor-s confidence, demand from major oil players is likely to prop the sector. Register now at to have free access to our reports on the Oil & Gas Drilling & Exploration industry.
All told, the various trends affecting the Oil and Gas Drilling and Exploration sector look to be good news for companies like Ensco International Inc. research report is accessible for free by registering today at .
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