Wasatch International Growth Fund Comments on Schoeller-Bleckmann Oilfield Equipment AG

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Aug 11, 2014

Schoeller-Bleckmann (WBO:SBO) manufactures components for directional drilling, where the biggest applications are shale, deepwater and ultra deepwater. Directional drilling requires technically complex parts. Quality matters because part failures typically necessitate hours of work to fix and resume operations.

From Wasatch International Growth (Trades, Portfolio) Fund Q2 2014 Commentary.