CVN 5.88% 16.0¢ carnarvon energy limited

Share price end of 2017, page-38

  1. 13,293 Posts.
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    Considering its been 3 weeks since news when probably everyone was under the impression drilling was halted due to extremely high pressures you have to think there might be a problem out there.
    Don't know what the day rate would be to have that rig on station but you would think the costs would be mounting.
    Quadrant seem to be paying for it though although I don't understand the specifics of the $5m deal to CVN.
    Either way you would not think it would be a free ride for CVN.
    You would not think any weather issue would have the rig sit there for nothing though.
    Plus 3 support vessels would add to cost.
    I am a bit surprised no company update has been forthcoming but maybe now some posters have twigged to what's going on there might be one soon.
 
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