It is not 100 m Kath, was budgeted for 33 m but will more likely be between 40m to 50 m. Rig costs are around $420,000 per day times 93 days estimated is a touch over 39 m. There will be costs associated with analysis and reporting, support boats etc but cant see it getting over the 50 m mark.
Ps. dont have cott but am in whn so i have an interest.
Cheers
Bowser
cmt (oil & gas) lists tomorrow, palta exposure, page-2
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