Agree Soder; The Rig would have been long gone by now. Don't want to talk it up too much but a discovery could be maybe a baby Elephant, might need a North drill for the full size adult.
Hope we get informed next week. fingers crossed.
p.s Yes running logs is for detail I think! (in this case)
It was always going to be interested how they communicate reportable news.
If we report at TD (vertical) then if successful we get a market reaction and on to the sidetrack.
If we don't report and carry on operations then there may come a point when a discovery will start to be priced in?
The Rig is still there and I don't think they could risk the Rig to move without a RNS.
So for me Mon/Tues will be interesting. If no news for another week or so then blimey all bets are off.
Respect Newanda great post.
Maybe can work out flare position/wind direction.
https://www.yumpu.com/en/document/read/4701380/island-innovator-maracc
Wow satellite image impressive. I guess one is the guard/support vessel and the other the drilling boat.
Wouldn't it be nice to see the manifest's.
Good news no RNS today. Not saying anything else. GLA
Think they mix the cement onboard with fixed equipment on the rig. They always planned to plug / cap the well below the seabed so all that equipment would already be on the boat, now the sidetrack packers and casing etc may have been stored on the beach.
So I would not read too much into boat operation around the Rig, however the runs to the beach could mean something.
Anyway it certainly going to be communicated soon hey.
If they decide to sidetrack I doubt very much there will be any delay in drilling, the rig day rate is a fair bit so drill results then sidetrack. I could be wrong some seem to think there will be a 7 day plus delay but I can't see that.
Yes agree with the need for a hit. I hear other's state only a small reduction in share price if its negative but recon the market reaction will be significant short term.
I hope the RNS header states Major oil discovery think that's Eco style.
was revisiting some old research and couldn't quite get what Gil means? Its at 7:07mins ish
He mentions Exxon drilling another well in Guyana. Probably just my age ha.
Still all looking good here hey.
https://www.youtube.com/watch?v=BAgc9Tc45LU&t=14s
Agree blissful; All looks regulation albeit we didn't get the rise before spud (as predicted by COE). There has been pressure on the share during drilling operations before and any leaky news (not much) has caused massive spikes on TSX if I remember rightly.
Will be interesting Friday at the conference will the farm-in partner be wearing a red rose ha. But seriously what timing for the meet! We will be in potential pay zone territory in drilling ops.
Good luck