December 17, 2009 (FinancialWire) — Deep Down, Inc. (OTCBB: DPDW) said it has signed two contracts in excess of $4 million for work in West Africa.

The contracts, for buoyancy products made by our subsidiary Flotation Technologies, Inc. and umbilical services at Deep Down’s Channelview, Texas facility, will be completed over the first half of 2010.

Houston-based Deep Down is an oilfield services company serving the worldwide offshore exploration and production industry.

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