FAR 3.09% 47.0¢ far limited

kkw ..usually 1 deploys 2 rigs for exploitation/dev drilling not...

  1. Ya
    6,809 Posts.
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    kkw ..usually 1 deploys 2 rigs for exploitation/dev drilling not exploration or appraisal (unless there's 8-10 wells planned in a shortish timeframe).

    Besides, there's a set protocol for the Operator/JV to lodge their annual plans & budget with the locals. So first up u tend to go easy then shoot 3D & then appraise a discovery, followed by a DoC & then exploitation drilling.

    U got to keep the locals in the loop too as its their resource & for Senegal its their first offshore project. Wonder if Prez Saul & Mamdou will fly aboard the Athena for their first oil flow. Worth a photo shoot atleast for the entourage.

    Hope KOS hits more gas on the Senegalese side of Tortue at Guembuel-1.
 
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