ebr could be 4/5 months away, page-19

re: moby float analysis Acturtle ... thanks for that.
EBR mentioned that the Ocean Patriot would be departing South Africa for NZ at end June.
Now I'm not sure how long the trip would take , I guess moving an oil rig would be very slow ..the distance is about 10,000 nm. So at ,say,150 nm per day , that will take 66 days , say 2 months to reach NZ. That means spud of Tawatawa (TAP 50% / E.Silica 50%) early Sept. and TD about 20th Sept. Then 14 days trip to Bass Strait so earliset drill could be mid Oct imo.
However , the 1 'contigent' well in NZ is Galleon South 1 (or possibly Barque-1) both offshore Dunedin (TAP 50% / AWE 50%)
The TD is 3500m approx. so if Tap/Awe elect to drill this while ocean Patriot is available , it will add on at least 1 month .. ... thats where I get my 'mid Nov' guess for Moby-1 spud.
I cannot see any reason (barring lack of reg. approvals) that TAP/AWE JV would not elect to exercise their option on the 'contigent' well off Dunedin . My simple reasoning is that demand for drill slots is so tight atm , and that both JV partners have expressed an eagerness to drill this prospect 'as soon as possible'.
Therefore Moby-1 spud is a long way off imo.

SALTY