VLO: Valero Energy Corp. Message Board

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Gold/Mining/Energy : VLO: Valero Energy Corp.

VLO 177.51

-1.9%

Nov 12 3:59 PM EST

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To: manalagi who wrote (152)	4/27/2007 3:38:33 PM
From: carranza2	Read Replies (2) of 299

It is undiscovered because it is tiny. I have noted that Cramer discussed it. Hope it is not a kiss of death. He's a buffoon. And there is definitely risk. If even one of DEEP's boats is lost in an accident, it will suffer a lot. The one thing to remember is that offshore oil operations are dangerous as hell, and smaller players obviously are more exposed to this risk. Still, it seems to have a very substantial safety program. Not that having one is an innoculation against misfortune. Given its prospects, I think DEEP is a solid play for the long term.

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