The rig may not cost but all the additional spread does. Even the company contracted to drill the well on behalf of operator. Spread is usually as much as the rig. That is why announcement says JKA still covered for cost of well.
Wild Bill is correct, delay costs. That is why big sell off yesterday.
Wonder if JKA promote has ended yet? Hope so.
The rig may not cost but all the additional spread does. Even...
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