The Motley Fool Previous Page

Drillers Move Into Deeper Water

Travis Hoium
May 23, 2011

Deep water is proving to be a lucrative place for drilling companies. Ships with the capability to drill farther and farther offshore are being built as quickly as shipyards can make them, and they're being put to work immediately. DryShips (Nasdaq: DRYS  ) is one company that made a big bet on deep water that is paying off. The