Hmm, KEY's webpage under Drilling Programme it states:
"Key Petroleum's 2007/2008 planned drilling programme includes a number of exploration wells on 2 continents: Africa and South America.
The following table summarises Key Petroleum's 2007/2008 proposed exploration activity."
This would seem to indicate that there are no plans to drill in Italy this financial year, although the chart still indicates drilling the Borsano Permit at the start of the current quarter.
I guess we'll have to wait for the quarterly activities report to know more.
KEY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held