Here is Ocean Rig's presentation of the results. Note page 6 shows th Poseidon staying in Namibia next year and a Major Oil Company is drilling two wells after Char. The red showing after the Major is in discussions now for new contracts as per the webcast
It is possible the Major could be drilling Gemsbok after the first well or could be part of current discussions for the Poseidon. If a deal is closed 3d seismic could easily be completed before the start of next year. Time will tell
GBP ticking up again on the LSE, realisation kicking in that a deal could be close
GBP Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held