Latest PAX ann confirms the extra 10 days and says PTR drilling delay due to "unexpected geological problems that require time to be investigated".
Also notes we will have been delayed "some 80 days later than originally anticipated" in which time alone it appears PAX could drill a few wells.
Now it has been extended even further, I would hope PAX is at least allowed to drill SAL1 and SAL2 before returning the rig to PTR.
http://www.asx.com.au/asxpdf/20091106/pdf/31lx9d6kr5ffdp.pdf
- Forums
- ASX - By Stock
- PAX
- get a wriggle on ptr
get a wriggle on ptr, page-58
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)