OXX 5.26% 3.6¢ octanex limited

Notwithstanding the NCB stand down rate, Shell would still be...

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    Notwithstanding the NCB stand down rate, Shell would still be paying huge amounts for supply boats, Shell personnel plus contractors, supply base, etc. Will be shocked if Palta is a duster after the vast cost of it. Interestingly, the Marine Traffic marker for NCB was updated again 2 days ago and still shows the vessel in Brussels? Very strange, am trying to find some other verification of what NCB is doing. It makes no sense that the vessel is back in Europe, they are contracted to do the Prelude drilling. Octanex's farm out specifies that Shell have six months from completion of Palta to advise if the well is a discovery. I wonder if there is some larger game at play here? Shell wouldn't ne happy with the WA460P owners getting a free ride if Palta comes in.
 
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