KEY 0.00% 0.1¢ key petroleum limited

secretary, page-16

  1. 11,083 Posts.
    lightbulb Created with Sketch. 1839
    High oil prices are good for KEY if they were producing.

    At the moment all higher oil prices mean to KEY are higher overheads and greater demand for drill rigs. I read somewhere that drill rigs are in unprecedented demand. The cost of transporting the rigs would not be cheap so given the demand for them I am sure the owners are passing those additional costs on to the end user.
 
watchlist Created with Sketch. Add KEY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.