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Bobwins

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Bobwins

Re: buccaneer1961 post# 359

Tuesday, 07/23/2013 2:31:52 AM

Tuesday, July 23, 2013 2:31:52 AM

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Cosmos is their first offshore well using their Jackup drill rig. Buccaneer has 25WI% in the well. Buccaneer also owns 25% of the rig and it's crucial to their program because there is only one other drill rig in the area. Endeavor, Buccaneer's rig, has more capacity than the other rig.

Also read up on the rebate program from the State of Alaska. Free money to drill Cook Inlet wells. Dramatically reduces offshore drill costs. Also State contributed $30 million to the refurbishment of the drill rig for free! because they are desperate for companies to drill in Cook Inlet.

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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