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
EBR Price at posting:
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