When are the results of DST released The WilHunter – already the subject of unpaid invoice claims – commenced a contract with Ithaca Energy in July to drill the Hurricane appraisal well.
Due to the limited availability dayrates have risen close to US $400,000 per day, “ Awilco notes, adding: “With
limited new capacity entering the UK floater market he company remains optimistic for the future UK market.”
Four Hundred Grand a day for the WillHunter.Those DST are expensive.
It looks more and more like the Athena Field will have to be re-worked at years end with a coring rig setup.Last report I seen this is going to cost Five Million Dollars,throw in lost revenue and production from Athena Field will result in IAS's bottom line taking a hit.