announcemeny......., page-9

Roznov,

I like the prospects KEY has but it is becoming clear that we won't see much progress any time soon regardless of the market conditions.

I read what they said about Italy, as for their comment about "near term" I don't expect any drilling until the 2nd half of 2009 at the earliest as the wheels of government in Italy appear to turn very slowly indeed. Take a look at PVE, they operate in the Po Vally, the same area as the Borsano block.