Hi Blackitalian, Good find, but trying to work out how this will...

Hi Blackitalian,

Good find, but trying to work out how this will be beneficial to PCL, we are free carried for this first well, so saving money will be in Tullows interest only, Tullow were to have drilled in Namibia years ago but screwed PCL and got around it by saying that they did not have a drillable target.
Drilling very rarely runs on time, just imagine if PCL are the second or third well in the drill, we might not spud untill 2019.
The only way it would be beneficial to PCL would be if we drilled first and it pushed our spud date forward, otherwise it only benefits Tullow, Tullow will only look after Tullow, so it might not be a great deal for PCL.

Regards Blueboy