The oil rig is indeed a double edge sword...STO has stated in their most recent quaterly that they will stay committed to their Fergana / Kyrgystan exploration program. CIg has one of the few available onshore oil rig in this region.
What will happen to the Rig if STO pulls out of the exploration agreement with CIG? Would it be more likely that CIG will utilize their own RiG to explore the remaining zones of interestin Kyrgystan? Or will they put the RIG to use in Romainia IF they secure the anticipated licences?
Best wishes: KM
CIG Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
