A little birdy tells me that the rig boys had a good weekend in town and that the rig is now fuelled up & enroute to Wakefield ie; PEL218 - 50kms NE of Moomba. Spudding is due tomorrow for a total of 2,760 metres T/D.
The prospect could contain as much as 14mmbo recoverable. BPT (Beach Petroleum) is the operator.
For those of you that are interested, the rig is a national 800 hp rig that can drill up to 12,000 ft.
... and while we wait, check this out - Drilling Rig 30
Good luck to the crew on Drill Rig 30, and to all BUY holders & traders!
Cheers, Pie (:
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