Hyperdynamics Corp (HDYNQ)

[whitenoize]

I have noted my funding concerns/thoughts in previous posts. SAPETRO has guaranteed the funds to complete the well in return for additional share of the concession. So the well will get drilled. While not as bad as death spiral financing, it is not ideal in that an unscrupulous partner (we haven't had any of those) might try to leverage that agreement. Is what it is at this point, just difficult to value the company before the final tally is known.
Others on here are more knowledgeable about marine activity than myself. I could speculate that a tug might be used for positioning to conserve fuel on the drillship. It could also be that anything not in the marine traffic database shows up as a tug. really don't know.