NSE 0.00% 0.4¢ new standard energy limited

drilling contract terminated, page-36

  1. 7,057 Posts.
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    Anatol,

    I think it happened sometime in 2011 with Century rig 7, I was not a shareholder then so I don't really know the full details. If you want to you can go over all their previous anns. Rumours were still floating around during early 2012 about sabotage when I became a shareholder. I'm not sure whether it happened on the now successful Surprise well or the one before that. The significant point is it happened before the Surprise discovery. How significant it would be if it were to happen just meters before Surprise discovered oil.

    Strangely enough the exact same rig was drilling the Ungani North1 for BRU and problems occurred just before reaching target depth - THAT I remembered vividly. And Ungani North1 discovered some 43 meters of oil bearing column.

    Now we have another Century rig with problems just before target depth again. Coincidence hey ?

    It would be good if you could dig out the info and maybe plot it against the chart just as you did with NSE. There could be some significance there. I'm sorry I don't have that many hours in a day to do it as I'm still running a full business 7 days a week.
 
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