GILLY9 it has been 14wks since NOP said they 'were about to sign for a rig' in the interim results.
We are still waiting.
I am not totally sure what is going on, all we can hope that there is nothing sinister and it is just the amount of red tape they are having to get through and that they are wanting to drill Ottoland and Papekop back to back.
I am hoping for some news pretty soon even if it is just more about the seismic from Italy.
The report I posted the other day re' ENI shows the importance and potential value of Italy which our company are being very slow to exploit. Italy are wanting to secure their own gas supplies so as not to rely on imports from the FSU.