Hi all,
I rang the office on Friday afternoon for an update. Kathy took a message and then CEO Matthew Allen had the decency to call back.
Without being able to say too much he advised the Galoc sale is continuing to be processed. This is being transacted between the two companies in Bahrain and a little slower then we would all like.
On another note some of the team is off to the Phillipines this week for work on SC55. He was positive on the subject and highlighted the fact that drilling rigs are dramatically cheaper now with the decline of the oil price in recent times.
All in all a positive discussion/ very approachable and I look forward to taking up Matthews offer to visit the office in Perth some time this year.
dgleeson to ground control, page-5
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