Timber/Scoob, the Ensco information seems to conflict with Mitra the current operator of our rig. They started drilling only 7 days ago and have made no statement to say the well is complete or that the rig has been released. Given they posted when they completed previous wells it makes me wonder if the Ensco people are a bit ahead of themselves.
I am unsure of the depth of Mitras drill target but the other two wells in their permit took Ensco 107, 17 and 22 days.
Hopefully Ensco are right.
NEN Price at posting:
34.0¢ Sentiment: LT Buy Disclosure: Held