Will they have an option of playing the long game? I think per the terms of the contract with expedited arbitration regarding PBS that they will not have much of a choice.

They pull and 11th hour addition of PBS as a required term of Contract 2018, we fully comply and do our part of the implementation under the agreed upon terms, then they try to pull the rug out from under us again in the 11th hour? While I voted no and don’t love the contract, I still believe in and support the process. I am hopeful and somewhat assured that any arbitrator will tell managment to kick rocks if they try to change their mind now.

I asked Art Luby about the possibility of Managment pulling just this at one of the road shows, and he was very convinced that the company won’t have a leg to stand on if they try to squash PBS as long as we uphold our end. I guess we will see.

My cautiously optimistic guess is PBS or Line bidding with new rigs/duty day by August.