Spoke to the CEO today-The Cajun Express will soon be leaving Brazil and heading over to the Canary Isands for a workover and then drilling off the Moroccan coast.Then moving to FAR'S first drill.The cost is $100m at 1.2m day rate.If a commercial discovery is made,FAR could get $15 per barrel without any more to do.Drilling to commence late Jan' 2014.
Spoke to the CEO today-The Cajun Express will soon be leaving...
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