Despite the termination notice, Jefferies sees the Expedition to get another contract from somewhere. The firm notes, "most likely, in our view, is that the parties ultimately agree to a new contract at a discounted dayrate (assuming the BOP is ultimately certified) primarily due to the fact there are virtually no UDW rigs available until 2013. As a result, the Expedition may likely be Petronas' and BHP's only real option for a rig outside of a sublet (or sublets) until more rigs are available in 2013."
C
Despite the termination notice, Jefferies sees the Expedition to...
Add OEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $13.02K | 1.085M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 12583060 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 11422192 | 21 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| OEL (ASX) Chart |