re: Ann: Otto Secures Drilling Rig for Leyte ... Hi Strat,
Yes, my read from the OEL perspective is that there is confidence that BHP is a goer...
Strategy as been a lot of houskeeping (Argentina, Turkey, Low quality Philippine assets) - indicates that the main game is about to commence I'd say...
Expect to wait for a well in the PNOC/BHP acerage to the south of 55 - but if it looks good then it is game on.
p1000
Ann: Otto Secures Drilling Rig for Leyte Drilling, page-50
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