re: Ann: Nido Secures Dragon Oil as Farmin Pa... Time for another announcement to clarify the accumulating anomalies :
BALQUIS/BONI
C.O.S. OF 26% and 27% respectively ?
BARAGATAN DRILL
Drilling contract for the Naga 5 might be ripped up.
I would be more inclined to relax about the latter.I'm really surprised that a farm-out had not happened sooner. A bluesky drill with a cos of 34%, only requiring jack-up and probably our best service contract area.
Farm-out is great news. Wonder what the new drilling budget will look like.
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