FAR 2.00% 49.0¢ far limited

The man on the grassy knoll, page-16

  1. 2,937 Posts.
    lightbulb Created with Sketch. 277
    "Unscheduled Rig Maintenance" (URM) could cover a myriad of issues/problems but I am hoping it is not a BOP issue. If it was a BOP issue, then the announcement should IMO have mentioned it . In any event, there has been sufficient time IMO to repair a routine BOP problem. A more complex BOP problem like the one that plagued KAR and COP at their Boreas well in 2012 during drilling of the Poseidon field took one week shy of 3 months to repair, so I'm not keen to have a rerun of that kind. Fingers crossed at this stage that this URM issue will not cause any significant delay and I would have preferred more detail about what the specific problem is.

    ANZ
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.