PCL 8.70% 2.1¢ pancontinental energy nl

General Thoughts, page-4103

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    Release from Northern Ocean today...

    "In the first quarter, the Deepsea Bollsta continued to work under its contract with Shell in Namibia. Following quarter end, Shell elected on May 1 to terminate the drilling contract for convenience and compensate with standby rate until June 10. The rig transited to Walvis Bay, Namibia, for work to be performed in relation to its special periodical survey, where the rig remains as at the date of this report. The Deepsea Bollsta remains available post mid-July 2024."

    Hmmm.
 
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