FAR 1.02% 48.5¢ far limited

Another week ... hard to take!, page-62

  1. 13,529 Posts.
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    "For the technically ignorant, are we saying that the drill ship has not moved much, so something of interest must be there - or maybe not."

    Hi Ric it hasn't moved far from the drill site but what the Stena is doing can't be put down to current or winds, they always exist yet those rigs never move much more than a handful of meters off the mark and the transponder pivots around the derrick like a weather vane when it needs to and that's not often..large , sudden and odd moves are very different and are telling us something and it's unlikely to be related of what oil may or may not be down there..

    CNE Call the shots on updates, if it is a problem then it just gets put down to day to day drilling so don't expect anything from FAR unless it's material to them and the same would apply to oil IMO.

    What we do know is the drilling is over the expected time ,that the Topaz has been at the new drill site and the Stena has been making unusual moves...to me it looks like the Stena wants to move but is having trouble doing so but that is pure speculation and needs to be treated as such...

    Cheers Whisky
 
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