There have been a few posters questioning why we have released the rig and wondering where it will go next.
Remember that yesterday's announcement is one on behalf of the joint venture. Therefore the rig is being released from th JV.
It could very well be that the rig is on its way to another of Strike's assets eg Walyering.
So we may get an announcement soon from Strike (as opposed to the JV) telling us that we now have the rig and its on its way to one of our prospets (eg Walyering). It may then circle back to WE3 (perhaps after WGO has raised some more cash) (this is wishful thinking by me) or move onto South Erregulla.
So it is entirely possible that Strike remains in control of the rig for the remainder of 2021.
Ann: WE5 Confirms High Quality Gas Resource, page-57
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