CTP central petroleum limited

query on drilling plans, page-22

  1. 354 Posts.
    Bearing in mind that "they" (as per drilling in September and having a rig) means STO not CTP. I speculate that STO will find it a lot easier to source a rig than will CTP.

    CTP is going to be engaging rigs, which we all know are in short supply, for the Georgina before it does so for Surprise and, of course, the longer the delay the less money CTP will have available to pay for a rig to be mobilized to Surprise.

    In 2011 JH told me that the charge for mobilizing a rig to Surprise was $4M approximately.

    We need that farmin fast.
 
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