It probably depend on the contractual arrangements for the drill rig. I can only assume that the day rate for the rig would apply from the time GALP took control when it was in dock until it is returned back in dock and was handed over. The rig may still not yet be back in dock - probably not (IMO) - so could still be incurring costs at the daily rate. This is possibly why TPT can't give a definitive figure of their shae of costs and as a consequence, their cash position.
TPT Price at posting:
3.8¢ Sentiment: Sell Disclosure: Held
