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Status of ANT-4...
#1

No update really out of them about ANT-4.    What is the delay in getting the rig from ANT-5 over to ANT-4 and getting it completed?

"Operations underway" -- how about "drilling underway"!!!  

Also, I did not hear any plans for the rig (non-heliportable) at Wahoo.    Is that going back to the 'yard' ?

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#2

'johnwgrant' pid='61656' datel Wrote:

No update really out of them about ANT-4.    What is the delay in getting the rig from ANT-5 over to ANT-4 and getting it completed?

"Operations underway" -- how about "drilling underway"!!!  

Also, I did not hear any plans for the rig (non-heliportable) at Wahoo.    Is that going back to the 'yard' ?

John W. - Since it has often been stated that prl 15 is our #1 priority,what about moving the Wahoo rig to the Ant 6 location ? That way we wouldn't have to wait for the Ant 4 well to be finished. [ ....might speed up our payment ] . Any thoughts along that line ?

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#3
We have 2 helio portable rigs today 103 and 115 but rig 116 Is due to be delivered this month . It takes weeks to prepare the new rig 116 and it will be interesting to see where it's deployed ???
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#4

'sageo' pid='61671' datel Wrote:

'johnwgrant' pid='61656' datel Wrote:

No update really out of them about ANT-4.    What is the delay in getting the rig from ANT-5 over to ANT-4 and getting it completed?

"Operations underway" -- how about "drilling underway"!!!  

Also, I did not hear any plans for the rig (non-heliportable) at Wahoo.    Is that going back to the 'yard' ?

John W. - Since it has often been stated that prl 15 is our #1 priority,what about moving the Wahoo rig to the Ant 6 location ? That way we wouldn't have to wait for the Ant 4 well to be finished. [ ....might speed up our payment ] . Any thoughts along that line ?

I don't think Ant 4 completion will take very long, and the heliportable rig is already in PRL 15.  Rig 3 is not heliportable and is an inferior rig.  I suspect they want to drill Ant 6 with the Ant 5/4 crew, also.  The Ant 4 rig is in place and drilling, or about to; I thought drilling.

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#5

(08-14-2015, 12:36 AM)jft310 Wrote: We have 2 helio portable rigs today 103 and 115 but rig 116 Is due to be delivered this month . It takes weeks to prepare the new rig 116 and it will be interesting to see where it's deployed ???

I would say Ant 7, if it is approved, otherwise Ant South, unless Total brings in a rig and crew.

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#6
Getit yes priority to PRL15 wells agree. Will Total bring in rigs????Use IOC rigs????i think use IOC rigs .
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#7

'jft310' pid='61680' datel Wrote:Getit yes priority to PRL15 wells agree. Will Total bring in rigs????Use IOC rigs????i think use IOC rigs .

Not really IOC rigs, but rigs leased by IOC.  IOC would trade a delay in exploration for cash flow relief.  A good trade?  Depends upon a number of issues.  Who knows what kind of information Hession has and is working with.

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#8
How about 7-8 days plus testing?
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#9

'jft310' pid='61680' dateline='<a href="tel:1439479 Wrote:Getit yes priority to PRL15 wells agree. Will Total bring in rigs????Use IOC rigs????i think use IOC rigs .

" JFT, sometimes when I read your posts I feel like I am back on the ball field hearing a cheerleader chime "push'um back push'um back way back!!".  Stop the dog gone cheerleading, sometimes you make me want to vomit.  Time is here and they need to make things happen!!

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#10
Who says they are not getting things done ?? What you be doing that Interoil is not doing with your minority vote in the JV. Total stated on their earnings call this project is a top 3 priority project . Oil Search says they will develop as fast as practically possible . That's the 3 votes .
You do realize oil hit a 6 1/2 year low yesterday . Our deal has no ties to oil prices but that's the environment we operating within .
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