Welcome To The CGX Energy Inc HUB On AGORACOM

Edit this title from the Fast Facts Section

Free
Message: David Pescod Letter

The Atwood Beacon is now over 4 months overdue from the origional spudding time frame.

Spudding started mid April and was to take 2 1/2 to 3 months which means they have had the rig over twice as long as planned (7 months), and they still haven't released the rig, at 500K @ day you have to conclude that they are taking full advantage of having possession of the rig since when they release it it will be tied up at Jaguar for 5 to 6 months and possibly much longer if Jaguar is successfull which seems to be the case with Inpex.

Seems like an awfull long time to cap and abandon a Duster.

Share
New Message
Please login to post a reply