Topped up my MOS holding yesterday at $0.21 after reading a few old MOS announcement, especially from 9/8/2004 where they stated that ODE Rig 5 would be used to finish the Waggamba #3 well and other work.
Centrury Rig 7 was used for Mamaree #2 and Rokhampton High, and will be used for Waggamba #4 and #5, and I assume that it is being used to drill Churchie #5.
This rasies the question as to what other work will be undertaken by ODE Rig 5? Could it be workover/testing of Tinker wells, Lark, Fairymont, Rockhampton High? This could prove to be very interesting if they manage to firm up oil legs, and indicate that they can be brought online in the near term.
Please note that I am only making an educated guess here.
Can anyone shed any light on the whereabouts/schedule of ODE Rig 5.
Cheers,
gdn
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