Ann: Hicks Project Drilling Intersects 30m @ 7.68, page-10

re: Ann: Hicks Project Drilling Intersects 30... I would say the rig was bought for an extremely reasonable price. Think about it, drill contractor not performing at the end of a long creek without a paddle (in the middle of a jungle) about to have a contract broken for non-performance????? So what would it cost to get the thing out of there for the contractor it just took them 5 months to get it into the country. Whats a rig worth in the middle of nowhere?

Smart operators, buy the rig and then announce some awesome results.