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08/06/23
11:06
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Originally posted by jophda:
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Boysy1 They are announcing either a short delay as the next drill gets permits allowed or if that well gets cancelled an acceleration of the program by at least 45 days . They are not stepping away from their firm commitment to batch drill two wells and depending on the results of that well a third all from the SM58 platform . They will tell us how they will manage the financials to enable that soon enough . They must have a plan . Maybe they will have a farm in partner ? May be they have leveraged up a big pre payment . Maybe some ones very rich uncle has died , Lol .
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Yeah, two scenarios, they get the rig late, or they get it early. Goes to my previous post that operators can swap rig slots around If they get it early, there's a known other operator eagerly waiting for it should BYE want to cut short their program.