RE: Going north into auction3 Jun 2025 08:45
Going down big time
Asher
“We hope that the rest of 2025 will be even better, and in particular we hope to see the NJOM-3 well spudded before the current year-end, rig availability permitting.” GOOD LACK
The Tower boss, meanwhile, noted that efforts are underway to secure and confirm a rig for the project (after prior plans to use Borr’s Norve rig were stifled by a delayed drill schedule).
“The easing of the market for jack-up rigs, in particular, has also been helpful for us, and mitigates any regret we might otherwise have felt about being unable to proceed with the Norve as originally planned in 2024,” Asher said. HA HA HA
we have been helped by the fact that a couple of our neighbours also require rigs for drilling campaigns to begin around the end of 2025. I LIKE THIS ONE LOL