Surandy 70,
Yes, I assume you are reffering to Bawara East, Bawara West, Nyuni East and Nyuni West prospects. Although these targets may contain greater reserves, Nyuni 1/1A wells which tested the northern portion of the bloc resulted in poor fluid recoveries on wireline formation tests, permeabilities of the sandstone appear low. I therefore believe that Kiliwani #1 in particular, offers excellent upside potential with Songo-Songo south offering 24.3 BCF lowest estimate to 723 BCF highest estimate (prospectus, independant geologist's report). I am confident due to the fact that this is an appraisal well, not simply a stab in the dark. Anywho, I believe Key's SP will rocket if targets are achieved for reasons previously cited be me today on HC. IMO, Key is flying under the investor's radar. I like the fact that the whole area is prospective, with wells drilled in the middle of the century and later in the 80s enountering oil and gas shows in the immediate proximity to Key's targets.
A reply is very much welcome Surandy,
TheSoothsayer.
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