self fullfilling phrophecy, page-13

For those about to punt...

Power issues to rig remain unresolved (perhaps 5-7 days to sort) - worst case = mobilize another rig...

Drill stem stuck @ 1000m not salt-related.
My understanding of plan is to re drill from surface to recover stem in hole below 1000m...then continue on.

Estimates 4-6 wks to complete (assuming no new rig needed)

GM hole cost now estimated $20-$25m...

NSE liable for anything over $13m (any recovery from rig contractor notwithstanding).

Anatol - background gas very +ve... over ridden in short term by ultra -ve sentiment due to recent shock.

Slampoil - your understanding?

GLTA