RE:RE:RoystonIt seems they will take a pause with this rig for now (only my guess I should add), though what we want to hear of now is the announcement of the drilling and exporation plan/program post Royston, and it seems they will let us know of this in Dec or Jan from what I heard.
So, one more big News to look forward to here.
I believe the present smaller rig will be re-deployed once they start up the development program again later next year and the big rig will hopefully stay in the possesion of TXP indefinitely after Royston is finished, so they can keep on drilling all the other prospects indentified with that one.
So, the timing and rig contract time-frames etc will be known (at least to some extent) hopefully soon, maybe this month but I think not later than January.
So let's say I'm correct on a Royston spud in April then before that huge milestone we will have:
The NGC deal in Dec
The Development/ 2nd Exploration phase program/schedule announced in Dec or Jan
The updated reserve/resource report in Jan or maybe somewhat later ?
Chinook test in Jan
Casca Deep test in Feb
In other words plenty to look forward to while we wait for the Mother of all Ortoire wells (or should I say the Father) Royston !