pretty much. Apparently well never even ignited, that is a HUGE positive sign for the safety and workers at HERO. A rig surrounded by nat gas full of operating machinery and not one spark set it off, very impressive. I wlil be you will hear he company barging about the fact no one was hurt, rather remarkable. Kudos to the HSE efforts of the Company.
I think this will be taken care of quickly. There has been no oil leak that has been reported so other than the media goofs comparing this to the BP spill this will IMHO be nothing in the end. All employees of the customer running the rig are safe and the sheen on the water is going away fast. I view this incident like the run off nat gas flame we see on land all the time. The environment will have no damage IMHO. Hero will recoup its share price by the end of next week IMHO. The damaged rig is insured, I am sure. Any down turn to the pps is IMHO an opportunity to buy. Remember the media goofs are the same ones who stand out in the weather during a hurricane, thinking they are doing us a service, but actually looking very stupid.