This slickline contract is new award. But however the expiry of the contrcat currently in place for provision of slickline for carigali came to an end dec 2018. So there is no additional revenue. It is just maintain and sustain revenue stream and the company manage to avoid this contract lost and hence revenue loss.
Stock: [DELEUM]: DELEUM BHD
2019-02-03 08:14 | Report Abuse
This slickline contract is new award. But however the expiry of the contrcat currently in place for provision of slickline for carigali came to an end dec 2018. So there is no additional revenue. It is just maintain and sustain revenue stream and the company manage to avoid this contract lost and hence revenue loss.