RE: Rig Contract Worries OR Not ???29 Jun 2018 12:36
Always good to understand the downsides Mr J but I would not let your feelings get in the way.
"To further appraise the Ntorya gas field and to test a deeper, potentially oil bearing, zone the operator has proposed a further well, Chikumbi-1 ("CH-1"), to be drilled in 2018. The requested 25-year development licence, which envisages an early production scheme ("EPS") prior to full field development, continues to be reviewed by the Tanzanian authorities and the operator remains confident that the licence will be granted once ongoing discussions have been concluded."