Hi Digger,
Yes, we should catch up soon. The dark cloud of redundancy looms overhead at the moment, or worse - relocation to Palmerston North. I may soon have time on my hands for catching up with old friends.
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Thought we would have had the ann by now, "the drill bit has come up covered in a black gooey substance, we have our laboratory checking it""
Maybe later in the day
delayed by a week for repairs a/c rig operater
http://www.asx.com.au/asx/statistics...idsId=01047158
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Funny though, in both announcements 11th and 16th they have drilled to the same depth
The Kan Tan IV seems to have continuing serious problems. It had issues in the West Indies when drilling there in 2008:
Speaking today, Mike Coolen, Canadian Superior's President & CEO, said, "This mechanical failure of the rig's drilling equipment is untimely and regrettable; particularly, as drilling had progressed to within a few days of reaching the expected final total depth (final "TD") for the well. We expect the rig owner, Sinopec Corp., and their managing contractor, A. P. Moller - Maersk A/S, to safely and efficiently complete this repair with essentially $0 daily rig rate and for the rig to get back to drilling promptly towards the end of this week, so that the drilling and evaluation of the "Endeavour" well can be properly completed."
By the time it arrived in Australia from the West Indies (June 2009) it needed 6 weeks in Geelong of repair and meaintenance. Once on ORG's/AWE's Rockhopper 1 site in Bass Strait, it had significant down time (ca. 2 weeks at $0 daily rate) while repairs were carried out to it cranes prior to drilling the Rockhopper sidetrack. Now Hoki 1. I reckon KK4 gets hired at a cheap rate and a guaranteed $0 daily rate during breakdowns.
iteresting snipits from awe presentation
http://research.iress.com.au/ids/cur...0F4120000&ppv=
page 10 shows some more plays round tui which i havent sen before
sold off some nzo :( after many years
What was your rationale there Geezy, half way through a drill with a few more to come soon ??