It equates to a very very low rate of financial return for Drill contractors per meter @ 6 Drill rigs turning Pipe.
The mobilisation and demobe cost also has to be factored in.
2.2 million for 3 months drilling with 6 rigs seems more viable . BUT i havent any info on the drill programe so its all speculation
like this stock.
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It equates to a very very low rate of financial return for Drill...
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