It will be confirmed to AAOG on or before 30 November 2019 as to whether the rigs contractual commitments have been extended. So up to eighteen days to confirm whether drilling in Q1 or beyond that but no later than March 2020 to commence drilling.
Therefore we could be drilling Jan or no later than early March. Good enough for me.
This is also a snippet from RNS, the last couple of RNS seem more professional.
Drilling activity is never without risk. However, the Directors believe that the sidetrack operations have an attractive risk/reward profile. TLP-103C has already proven the geological model and confirmed the presence of the Djeno at Tilapia.
The Rig Agreement gives AAOG the right to contract the rig for TLP-103C-ST and a further four wells at our call. The bottom line here is the rig has been identified and when available after super major finished we will be drilling. A more accurate timeline will be available at end of month.
James Berwick, CEO said "We are very pleased to have entered into the Rig Agreement and look forward to commencing operations at TLP-103C-ST as soon as the Rig becomes available. The Rig is the most suitable rig available in country and will come to TLP-103C-ST directly from drilling operations for a super-major. The Board of AAOG appreciate that drilling operations will commence later than we had hoped but, following the problems encountered in drilling TLP-103C, it was important that we found the right rig for this drilling campaign to avoid any similar issues."
If its good enough for a super major then hopefully this willbe a very good rig. Plus the option for four extra drills.