Lots of operators are cutting back, releasing rigs as the oil price is taking a beating... HP might not spud by the end of the year, I wouldn't worry too much about it as I believe the cash can be better spent in other places.. no worries.
I agree with Claw back clauses, however not in this case as its beyond anyones control and we did get in very very cheap. We are just trying to drill a well, arn't we lucky its not HS2 line or Heathrow 3rd runway.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.