I don't want to argue so read the announcements and do some homework. Also consider it costs about ~$1m a day to contract the rig and each well can take up to 80 days considering well testing on p2 appraisal well - Ask yourself why the JV would be spending ~$80m if p1 was not commercial. Why was the JV in such a rush to drill an appraisal well at peseidon? The answer is that their geophys data and p1 is telling the JV that it is a monster.
Nevermind though mate, each to their own!!
I don't want to argue so read the announcements and do some...
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$1.42 |
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