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Koil Energy Solutions, Inc. (DPDW)

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  • GlobeNewswire

    Koil Energy Solutions to Provide Cable Services for Wave Energy Application

    HOUSTON, Dec. 01, 2022 (GLOBE NEWSWIRE) -- HOUSTON – Koil Energy Solutions, Inc. (OTCQB: KLNG) (“Koil Energy” or the “Company”), an international specialist in subsea energy equipment and services, today announced the receipt of an order to provide cable termination services for a wave energy project. “This award is another step in progressing our core competencies beyond our traditional lines of business in the oil and gas sector,” said Charles Njuguna, President and CEO of Koil Energy. “This w

  • GlobeNewswire

    Koil Energy Solutions Ticker Symbol Has Changed to KLNG

    HOUSTON, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Koil Energy Solutions, Inc. (OTCQB: KLNG) (“Koil” or the “Company”), formerly known as Deep Down, Inc., an international specialist in subsea energy equipment and services, today announced that the Financial Industry Regulatory Authority has approved its application to change the company’s name and ticker symbol, reflecting their new name and commitment to Energizing the Future. “Our new ticker essentially marks the completion of our transition from Dee

  • GlobeNewswire

    Deep Down, Inc. (now Koil Energy Solutions, Inc.) Announces Third Quarter 2022 Results

    HOUSTON, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Deep Down, Inc. (OTCQB: DPDW) (“Deep Down” or the “Company”), a specialist in deepwater production and distribution equipment and services, today reported results for its quarter ended September 30, 2022. Deep Down at a Glance: Share Price†:$0.70Cash*: $3.5M 52-Week Range†:$0.42 - $0.80Book Value*:$8.4M Shares Out.†:11.9MPrice / Book Value:1.0x Market Cap†:$8.3MTTM Revenue:$14.6M *As of 09/30/22; †As of 11/11/22 Charles Njuguna, Deep Down’s CEO, comment