Reply to QuestionRig day rate will be closer to $200k/day and full spread pushing it up to $800k/day+. As far as the sands are concerned, I would agree if we were talking about channel sands but wer´e not. According to the best analogue available and info that Total/Apache has released these are shelf/turbidite fan sands that have gone down the shelf to the basin. Kawa is like Suriname at best not channel sands, not basin sands but shelf sands which makes all the difference and secondly this well has reservoirs at 20,000 feet+ so dont forget detruction of porosity and overgowths destroying porosity. Porosity doesnt mean oil! At this depth and temperature is going to be gassy or all gas which is another worry - well for me. I guess we can buy more shares and loose more!