Hyperdynamics Corp (HDYNQ)

[Rule_62]

A new development on the Tullow deep water rig capacity. With full credit to Xenon (a regular poster on another board) for finding this info.

Tullow has booked the Stena Drillmax through to Q2 2016, and is now using the ship to drill the wells off the coast of Mauritania. Not only does this mean that Tullow has doubled it's deep water capacity off West Africa (not counting the Sedco Energy which is limited to 7500'), it restores my earlier discussion about the scheduling of the West Leo.

The booking schedule for the Stena Drillmax can be seen here (scroll to the bottom of the page)
http://www.stena-drilling.com/fleet-availability/stena-drillmax

The location of the Stena Drillmax can be seen here
http://www.marinetraffic.com/ais/default.aspx?mmsi=235060864¢erx=-17.17767¢ery=19.0765&zoom=10&type_color=9