"the third [tranche] will be paid when the drilling rig is on...

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  1. 5,111 Posts.
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    "the third [tranche] will be paid when the drilling rig is on Matuku-1 location, currently scheduled to be mid to late September."

    I doubt there would be time to drill another well before then. I expect the rig is having its regulatory inspections and preparation before being dropped off the Blue Marlin and towed into position.

    Marinetraffic has Blue Marlin anchored on the lee side of D'urville Island in the Cook Strait.
 
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