Goggo you might have it here.
"The Company has issued a Letter of Intent to contract the MB Century Rig 7 for two firm wells with an additional 4 options with a start date as early as mid-April 2010."
Suggests to me the CR is to fund the still uncomfirmed 4 wells in this contract while the rig is here and not in some future phase.
Ann: Trading Halt , page-165
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