Tuesday, April 25, 2017 10:43:51 AM
With today's presidential decree, SAPETRO now has 30 days to deposit $5M guarantee money, refundable when the drill ship arrives on site. Since the ship has to be on site by May 30th to commence "drilling operations", the government may only get a few days of interest on their deposit.
This is just a matter of amusement for me, but it points out how quickly things are moving along. It may seem painfully slow sometimes, but in the larger scheme of things, this is all happening pretty fast...
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