shareholders stiffed, page-3

I think lack of firm near term drilling will see the sp drift down to the 16.5c spp level, if not below.

If BOW do any drilling this year I would be surprised.

The rig for the Wompi block wells is currently drilling Kiana-2 and has 4 more back to back wells to drill after that.
Imo its more likely BOW will get the rig around Feb 2007

Its possible they could commence appraisal drilling in Donga Field this year but they dont have a rig yet.
"Negotiating" for a rig doesnt have much bearing on when they will actually get one.