KEY key petroleum limited

options, page-17

  1. 189 Posts.

    Surandy70,

    As I said, yes they will be able to cover this IF KN-2 is an onshore well. The fact that the discovery extends to the water offshore SS Island, I think this will be the target of the new well, otherwie why bother with the marine seismic which is far more expensive than onshore seismic. 20% of an offshore well, which requires a jackup, semi-sub or drill ship for offshore Tanzania, will be north of $40,000,000 in total, minimum. Close, but no cigar.

    I hope that it is an onshore well.

    Mudguy.
 
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