well something has to be drilled by August 2012 or they stand to lose the licence unless they get an extension.
Having a broken rig is a good reason for an extension, but I would think BHP are out there trying to source another rig as they have drilling to be done right through the whole area and cannot wait forever.
Pity about the delay, but that is how the oil business is sometimes.
well something has to be drilled by August 2012 or they stand to...
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