EBR 0.76% 98.0¢ ebr systems inc.

ebr could be 4/5 months away, page-12

  1. 7,611 Posts.
    re: moby float analysis Just a word of caution ... I understand TAP will use the rig Ocean Patriot for drilling in NZ PRIOR to Moby drill (refer EBR latest ann).
    Now , TAP schedule shows 'Sept 04' for this drilling and it is likely that both Tawatawa (1700m TD ) and Galleon 1 (3500m TD) will be drilled by this rig prior to release to EBR/Moby.
    By my calcs Moby may therefore not be spudded till mid November at earliest.

    I looked at Moby prospectus but holds no interest for me, better fish in the sea imo.

    SALTY
 
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