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Gold/Mining/Energy : Drill-Quip [ DRQ ] - oil drilling equipment ipo -- Ignore unavailable to you. Want to Upgrade?


To: Charlie Schultz who wrote (26)10/23/1997 7:15:00 PM
From: giddy guru  Read Replies (1) | Respond to of 121
 
//gg//

Here is some details on Transcoastal.


TransCoastal Marine Services was formed in 1996 to consolidate the operations of 4 marine construction companies focused on the transition zone(including marsh, swamp, and coastal areas) and shallow water regions alongthe US Gulf Coast. The founding companies are Woodson Construction, CSI Hydrostatic Testers, HBH, and the Red Fox Companies (all based in Louisiana). The company primarily serves the oil and gas industry, providing pipeline installation and repair, hydrostatic testing of pipelines, and drilling rig fabrication and repair. The company intends to expand its US operations through acquisitions, and to leverage its overseas hydrostatic testing business by adding coastal construction services.


Underwriter is Jeffries.

/gg/