Explain to me as to why we would never own a rig.. With the way exploration is going within Africa, I would say that the rig would be in high demand.
Just on our permits we have over 17 wells to drill and in my eyes we will be needing another rig to drill and brings these wells into production way sooner than later!
Drilling 1 well a year, the way I see it is not commercially economic.
JRI IVZ Fireside Chat - March 26, page-318
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