As we previously signaled, our Contracting Services revenue declined in Q4 due in part to the transfer of the well enhancer to West Africa. However, we expect contracting service revenue to return to Q3 levels in the first quarter of 2012.In addition to the good operating results, we continue to generate a significant amount of cash flow with $166 million of EBITDA in Q4.
Helix Energy Solutions' CEO Discusses Q4 2011 Results - Earnings Call Transcript
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