ERHC Energy Inc (ERHE)

[Spec29]

Looks like we'll get to drill two wells...

before we have to turn her over in August/September sometime.

I'd bet we did better than the $610,000 dayrate we lost on past rigs, also. Pathfinder's current dayrate is $395,000.

Shell would be my guess.

Thanks for the info!

Edit 1: Oh, the 12 wells in 12 months will have to include three rigs drilling in the JDZ at least.

Edit 2: Just noticed we do have a chance to get the rig until December which would allow us to drill 4 wells total with the Pathfinder before turning her over.