Good questions BG. At this stage of the game, I'd like to ideally see that rig stay in the Canning given that we will be well into March before current well is complete. Be interesting to see the weather at that point, but if a site is ready, would be willing to lose a few weather days vs guaranteed loss of days moving the rig to and from the Perth Basin.
Ideally that other rig they booked can do all that is planned for onshore Perth Basin on its own.
ARQ Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held