So what are their options then? wait for another rig to sail past with a spare slot and do a horizonatl? Note sure what they can do apart from read the wireline logs, analyse etc and then look at the next drilling programme or develop west seahorse and get some $$ coming in. One small bit of comfort lies in the management and their experience in petroleum. They will of been presented with these types of scenarios before though I guess making them at BHP maybe a little easier than TDO (budget wise).
TDO Price at posting:
0.0¢ Sentiment: None Disclosure: Held
