Re " Drillmax would likely be booked once the 120 days are up." It's usual practice that the next one in line waits until all reqd activities are completed in the previous contract before getting a hand over of the rig. Also the fastest the Stenna drilled a well in the SNE appraisal was 9 days from memory, admittedly we are now in unfamiliar territories. Go SAMO!
KKW
Thoughts on shorts, page-159
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