I think Wal was being a bit reserved when he said they had a...

I think Wal was being a bit reserved when he said they had a letter of intent on the rig for the June spud. It's actually being packed up and put on the road:

"The rig will now be dismantled in preparation for moving to the Povorotnoye field in East Crimea to commence drilling the first well after the recent farm out of the asset to Honoratus Investments Ltd, a wholly owned subsidiary of ASX listed Golden State Resources Limited (ASX:GDN). "