So they are saying "if you don't let me play I'm going to take my toys and go home"?
Yes they are. These rigs aren't made with chump change, and there are bankers and investors who invested in the company that built those rigs (and banks expecting regular payments) for the millions those rigs cost to build. They aren't going to wait around for a moratorium to expire, only to have it possibly extended time and again. They need to pay the bank, and their employees.
And during those 6 months, what do they tell the banker? If there's money to be made in the gulf, then they need to get started. If there isn't, they move that rig to another location and try again. Waiting 6 months isn't even a question. Those things will go to whatever company wherever they can be used in the world ASAP.
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So they are saying "if you don't let me play I'm going to take my toys and go home"?
Yes they are. These rigs aren't made with chump change, and there are bankers and investors who invested in the company that built those rigs (and banks expecting regular payments) for the millions those rigs cost to build. They aren't going to wait around for a moratorium to expire, only to have it possibly extended time and again. They need to pay the bank, and their employees.
And during those 6 months, what do they tell the banker? If there's money to be made in the gulf, then they need to get started. If there isn't, they move that rig to another location and try again. Waiting 6 months isn't even a question. Those things will go to whatever company wherever they can be used in the world ASAP.
Get a grip on reality.