Ann: Sidi Dhaher Operational Update , page-8

  1. Osi
    16,110 Posts.
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    GO

    Challenger won't bail. They would want to get as many rigs back to work as possible. Even if Challenger went belly up (and I don't believe they will), the creditors would want Sidi Dhaher to spud.... and posession is 9/10 of the law any way.

    The question of how many years it takes to get the Libyan O&G industry back to work, reseviour damage and what sequence of activity needs to happen is contextually relevant to all O&G investors but not for this spud IMHO.

    cheers

 
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