Venezuela is close to SURINAME.
Venezuela is a large oil producer.
On page 47 of KEYs prospectus there is a picture of KEYs 1.75% acreage at SURINAME.
The Tambaredjo field which seeps in to Keys acreage, has proven reserves of 1 billion barrels.
The picture clearly show that the oil deposit moves into Keys acreage. A sizable find here will have a big impact on KEY's bottom line even thought it is 1.75%. If tullow find a simlar field here, KEY will net about 15 million barrel.
We saw what happened to FDL when FMG announced the billion tonne iron ore deposit next to FDL Land.
More food for thought.
All that KEY need is for all the pieces to the puzzle to fall into place.
Tanzania.
Italy.
Suriname.
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- att cadreelil
att cadreelil, page-23
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