KEY 0.00% 0.1¢ key petroleum limited

bad news is an investors best friend, page-10

  1. 10,475 Posts.
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    Lots of info on the Artumus Group website.

    Looking at Key's website Kilawani Update (no date on it as to when it was updated), it says 2D seismic to take place late 2008. Anyone know if that info has been there for a while (as we are heading into late 2008 sooner rather than Santa - I mean later).

    Insights from the Kiliwani North discovery have upgraded the petroleum potential of the Production Sharing Area and indicate that more discoveries are likely to be made in this part of the Tanzania continental shelf. In order to mature further prospects for drilling, the Joint Venture has agreed to undertake a 2D seismic survey over various leads in the licence area. The seismic recording is scheduled to take place in late 2008. The new exploration seismic is expected to mature for drilling a variety of prospects, both at the level of the Neocomian reservoir and shallower play levels where oil potential may be higher.
 
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