KEY 0.00% 0.1¢ key petroleum limited

Quote from Peter Strachan's Stock Analysis released...

  1. 259 Posts.

    Quote from Peter Strachan's Stock Analysis released today:

    'Drilling in Tanzania without success, Italy and Suriname. Looking at projects in Italy. ~10m cash post drilling High risk HOLD.'

    That's enough for 2 wells in Italy, each costing 3M says prospectus. Prospectus also states previous permit holder ENI (while Po Valley was under ENI monopoly) delineatad a Villa Fortuna - style shallow gas and deeper oil play in the south-western corner of the permit.

    Pheeeeeeeew!
 
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