More news from Orca Exploration last night.
They've farmed-in to exploration in Italy via Petroceltic's interest in the Adriatic Sea.
http://www.orcaexploration.com/news_10_31_may.asp
I had a look to compare where this exploration area was in relation to our areas but it's well away from any interests KEY owns.
However, this prompted me to look at Petroceltic's interests and they have quite a bit of interest in the Po Valley as well as off-shore Italy and on-shore Tunisia. Interestingly they indicate that there is quite a lot of demand for exploration in Italy suggesting that KEY would have little trouble attracting farm-in partners.
http://www.petroceltic.com/en/operations/italy
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