What should we expect at Antelope-3 and Elk-3?

[jft310]

The new rig has not only been retrofited but has had extensive tests at Port Moresby and the crew has been trained there on this rig. This  rig is almost two years old and of course they could be some issues but the the potential bugs have been minimized with the length of the training period in Port Moresby. Will there be a shake out period well of course. The purpose behind the buy of this rig is to drill deeper and of course satisfy the govt requirement for another well. IOC is convinced that like at T-2 where they found strata of rock formations the same may be true at lower depths at Antelope. Fingers of further hydrocarbons is the hope.