RE: the last two OAs; Does anyone know how long it physically takes to "rig down" and then "rig up" (assuming no complications)?
The Aussie II was anticipated to be released within 48 hours of the 12/29 announcement, and moved the few miles to the Gretel II pad. Even if the "rig down" didn't start until 2/1/12 due to the holidays, and assuming three days to deconstruct and three more to put the rig in place at Gretel II shouldn't SSN have been in a 'ready to drill' mode by 9/1/12 at the latest?
Is three days a reasonable time period? Just trying to gauge some timelines for these processes.
SSN Price at posting:
11.5¢ Sentiment: LT Buy Disclosure: Held
