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SBLSedco had the right to cancel the Oilex contract if the Nexus...

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    SBL

    Sedco had the right to cancel the Oilex contract if the Nexus contract was terminated. There was a agreement between the three companies. Probably suited the CP hire and was Sedco's right under the contract.

    http://www.oilex.com.au/files/09Jun05%20Rig%20Contract%20JPDA.pdf
 
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