It was my understanding that Corentyne would be spudded late this year and Georgetown Q1 2011 as per Cororate Update in March.

Since the rig will be will be hired by a consortium of companys, I suspect Murphy, Repsol (Georgetown) and CGX (Corentyne) the timinig of spudding Corentyne will be subject to the drilling schedule of the other operators as well and not only CGX.

As per the Corporate Update in March tenders for a rig went out in March and a contract was to be finalized in May.

We should hear something very soon, before the AGM I think JMO.

Thoughts anyone.