KEY 0.00% 0.1¢ key petroleum limited

good read..., page-10

  1. Ya
    6,809 Posts.
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    Kal,

    Aminex did mention in their preso doing a flowtest on KN-1 followed by a seismic survey & a possible drill for KN-2 in the last quarter of this year. Any future drill plans would depend on the seismic interpretation, high risk -high reward. They wouldnt want a repeat of Kiliwani-1.

    We dont know how KEY would participate down the road in this venture. If they do go ahead then expect a good enough cash flow. But by then I anticipate, the focus would b more on their POE Valley operations where infrastructure etc is good. Comes down to a purely commercial decision in the end.



 
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