Update11 Oct 2019 08:24
Just had this email -
("Columbus" or the "Company")
Update on Saffron well - Rig ready to commence drilling operations
Columbus, the oil and gas producer and explorer with operations in Trinidad and Suriname, provides the following update about the Saffron well in the South West Peninsula, Trinidad.
The drilling rig to be used for drilling the Saffron well (Talon #38) is now on location and ready to commence drilling operations. The drilling operations will commence in the next few days following official Ministry inspection and approval.
Leo Koot, Executive Chairman of Columbus, commented:
"The Company is pleased that the rig is on site and we are ready to commence drilling operations in the next few days. The Company notes that its preferential access to the Talon #38 rig means there is no material cost whilst waiting for the drilling operations to commence."
This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.