OXX 5.26% 3.6¢ octanex limited

palta news, page-3

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    Shell suspends drilling at Palta prospect after BOP malfunctions
    The Anglo-Dutch supermajor had already been held back by bad weather when the BOP problem arose, thereby forcing the suspension, said a Shell spokesperson. Shell spudded the Palta prospect last October using the semi-submersible drilling rig Noble Clyde Boudreaux in 1300 metres of water. Rig owner...malfunction”. That loss of dayrate could equate to US$19 million. Shell has contracted the semisub until late January 2015 at a dayrate of $417,000. The Anglo

    http://www.upstreamonline.com/archive/?q=shell
 
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