Comment by
BigA! on Nov 27, 2013 2:30pm
VG- Problem with this theory is that most rigs in Brazil are sub 1500 HP. Conference call addressed the competitive problems of rigs under 1500 HP and demand for rigs above that level in Colombia. I think if they move out of Brazil the rigs will go to Ecuador before Colombia. Best bet for TID prob would be sell small rigs in Brazil, use that $ to add a few larger ones into Colombia pipeline.