No option but to hold.
If Rhea strikes then its onward and upwards , more wells will then be drilled for sure.
It's great having a major like Noble for a partner.
Imagine if was PMO.
I do hope that the ER contract extended into next year.
Lots of money to be made for the FI oil company's over the next year.
Picking the biggest riser is the hard part.
Falklandinvestor
I have already stocked up on BOR as they will be the next to get a farm in partner.
Especially now since another rig is being chartered for next year.imho
Falklandinvestor
Do you think that Noble will move to drill rhea after drilling humpback as then they would be finished with their use / share of the rig.
RE: More Acerage & More Drilling.."AMI"25 May 2015 09:24
If arg get involved in the area of mutual interest then will they have to raise money by diluting , otherwise how will they get the funds to participate.