Mobilising a new rig will cost millions, and would take months even if they could get one. If it was a choice of mobilsing a big rig vs a small rig I would agree, but they have a rig literally 300m away. I can't see they cost saving covering the mob/demob costs. But if they hit in the 200 and thats all they have, 100% they should get a smaller rig for the appraisal stage.
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Mobilising a new rig will cost millions, and would take months...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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No. | Vol. | Price($) |
---|---|---|
1 | 3980 | 0.078 |
5 | 174737 | 0.077 |
3 | 292065 | 0.076 |
3 | 65645 | 0.075 |
1 | 200000 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 100000 | 1 |
0.081 | 5500 | 1 |
0.082 | 430000 | 4 |
0.083 | 370000 | 2 |
0.084 | 123456 | 1 |
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