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Message: Re: possible players
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Oct 15, 2009 04:06PM
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Oct 16, 2009 11:23AM
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Oct 16, 2009 01:21PM
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Oct 16, 2009 06:05PM
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Oct 16, 2009 06:39PM

Another positive with Tullow is that since the've leased the rig @ a cost of about 1 mil @ day and if they bring it over to drill their other PPL'S, and they could drill Corentyne in 30 to 60 days their cost would be in the 30 to 60 mil range and with the 3D and Rock Solid data already done and paid for by CGX ( 15 mil +/-) the actual JVP cost to Tullow would be less than what most other JVP'S would have to pay. I might have this all wrong but seems to me that based on this scenario a JVP with CGX is a good deal for Tullow. I guess everything hinges on how good the 3D is.

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Oct 19, 2009 08:16AM
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