firing up on todays announcement, page-11

Adam, when a contracted rig is already contracted to a prior company you are effectively cued to use the rig when they finish, ie we get it next. While they can't drill an additional well beyond what they contracted, the current user could get a stuck drill bit, have to deviate the hole or needs to production test their discovery then the time pushes out. Timetables for drilling in these circumstances are really drill slots which by nature will have variance when it comes to timing.

Unlike the 120 scenario where the rig is in transit to B 120 as we speak. Thats just a distance divided by speed calculation with a contingency for weather.