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noble clyde fleet report - palta

  1. dude342
    592 Posts.
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    08/03/13
    14:05
    Post #: 11515017
    Noble put out their fleet report and have actually listed the reason for the delay!

    "Anticipate +/- 46 days of operational downtime at zero dayrate during 1Q2013 in connection with a BOP malfunction."

    BOP is a blowout preventer. I'm no engineer but surely you would only notice a malfunction if there was something flowing through it?? Can anyone confirm my thinking?

    http://www.noblecorp.com/assets/Docs/NE-FleetStatus.pdf
    QFY Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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