PAX 0.00% 1.2¢ panax geothermal limited

salamander-2

  1. 1,912 Posts.
    Here's something else to think about.

    If I understand correctly, based on previous posts, the first rights drilling time slot sequence for Weatherford's Lightning Rig 828 might be something like:

    PTR.PAR2 - now done
    PAX.SAL1 - drilling complete, rig due to be released soon
    PTR.PAR3
    PAX.SAL2
    GER.GEE1 then GEE2 ???

    If PTR currently have first rights to the next slot, I have been wondering what their current plans are.

    Checking yesterday's PTR ann (page 32) appears to suggest PAR 3 to be drilled 4th Qtr 2010/1st Qtr 2011???

    http://www.asx.com.au/asxpdf/20100318/pdf/31pbmv48045r08.pdf
 
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