Welllll the drill ship is on the way.
Now that is good news.
Location, well keep some people happy.
If there is more of a chance to hit something then go for it. I have no idea on that type of expertise. P50 sounds good.
Now there should be some movement and interest for BUY.
A green day is good news for the week ending. Might be an interesting couple of weeks for BUY leading up to the anchoring/postioning of the drill ship.
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Of topic but I cannot help myself:
"AN LNG export plant at the Port of Newcastle in New South Wales hunter Valley could soon be going ahead.
Plans to make the port a liquefied natural gas (LNG) hub have become more feasible since the approval of Western Australia's $43 billion Gorgon Gas deal.
State Ports Minister Joe Tripodi said he and Federal Government officials were closely examining the prospects for such a facility.
Eastern Star Gas is behind plans for the plant at Newcastle Port.
A recent feasibility study revealed Newcastle is ideally suited to an LNG plant."
Comment
This is something that can really seem to be a precursor of what may happen. Find gas well lets do something with it.
I reckon the big players are circling.
Just my thoughts for a sunny Saturday morning.
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