AOC have just over twelve months to 'complete' one well in each of the basins or risk losing their interest. They will obviously need to allow some time for unforeseen contingencies. So, if we allow each well to take between 30-50 days to drill, time to transport the rig and camp to the second well location and set up times etc, we should be able to narrow down when action will start at the latest. Any guesses?
Go Range!
RRS Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held