A stab at the 200 Barney should not be too expensive IMO so long as they don't have to build a concrete base for the rig. 850-900m with drilling Mukuyu taking away the uncertainties, a warm crew with all the bits on hand probably 2 weeks tops. IF I was SM I'd be telling BH they can supply for nothing seeing as they are probably the main reason we didn't get a discovery in the 200 in the first place because they were simply not up to the job.
I also believe, given the sp, that if Mukuyu is a duster they will drill the 200 first and may delay shelf edge to next year. It will start raining there soon. We need a discovery announcement sooner rather than later......not another missed by that much [ Maxwell Smart aka Baker Hughes ] announcement.
IVZ Price at posting:
11.5¢ Sentiment: None Disclosure: Held
