RE: PURCHASE of the Chikumbi-1 well (RIG) boring plant26 Apr 2024 07:59
The potential purchase has raised discussion elsewhere re costs and how it might be paid for.
Does anybody have any idea of the cost of buying a suitable rig against the hire of one?
With an original 8 drill plan which could be more following the 3D, depending on the finances it may make commercial sense to buy, especially knowing the difficulties of locating plant in country on an as and when basis and the hold ups that may cause.