Ebolia, seems the rig is not onsite as yet. The company using it prior to us has had some down hole complications and has taken longer than expected.
While this is a normal part of rig contracting it is a little frustrating for us. The rig operator hopes to be mobilising to our site in a week evidently. Then they will need set up time so I am guessing late this month to early September for spud assuming they do leave the current site as indicated.
NEN Price at posting:
33.0¢ Sentiment: LT Buy Disclosure: Held