Oh Dear, some statements here are unbelievable... look, CRC own about 41 WO/Test Rigs... you can imagine them working massive overtime improving oil flow in CRCs Calif oil blocks... why would you not with a POO blip up that may not last... this is what management, properly, dictate.
Now, the Gas price is flat to soft at circa $3 for the last 18 months, why rush a rig to T2? They simply will not, they are the operator and will test when they have all the data and engineering strategy developed, and ...a suitable rig available... we will know when this happens, the gas aint going anywhere.... perhaps this is why REL is dipping in for more funds,,,,,delays cost? Should be worth the wait however...imo
DYOR
Oh Dear, some statements here are unbelievable... look, CRC own...
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| Last trade - 15.24pm 19/04/2024 (20 minute delay) ? |
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