JHI11 Dec 2024 18:49
JHI has ample cash reserves which are more than sufficient to cover the investments required to advance the exploration activities on License PL001 and to meet the financial capability criteria to support a license extension to 31 December 2024.”
In addition to the North Falkland Basin License PL001, the transaction gives ARL shareholders access to the potential upside in the Canje license, offshore Guyana, in a basin that has been the highlight of the oil industry for several years, enjoying prolific success from numerous giant oil discoveries.”
So anyone help me with knowledge of what’s happening with JHI , could be an available rig ?