KEY 0.00% 0.1¢ key petroleum limited

3 to 4 days away from a result, page-14

  1. 11,041 Posts.
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    Kiliwani North #1

    Verticle well of total depth of around 2175 metres or 2012 metres RKB. Approximately 35 days to complete drilling and evaluation. Key point in the announcement made on 25/2/08 was 'No comments will be made in regard to hydrocarbons until the well has been fully logged and evaluated.'

    23/2/08 Drilling started
    28/2/08 445 metres MD
    5/3/08 1,106 metres RKB
    11/3/08 1,730 metres RKB

    14/3/08 20 days since drilling commenced, judging on the progress to 11/3/08 they should be around the target depth about now. But based on announcement made on 25/2/08 I wouldn't expect any announcement today. If KEY are true to their word then any announcement made today would be to say the well is no good.
 
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