KEY 0.00% 0.1¢ key petroleum limited

valuation and background, page-11

  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    For the late bloomers to this stock, some facts to ponder on.

    SS-10 well (the much talked about on this forum) was the first well drilled on SS field in 25 years last year Aug-Sept. It flow tested 52 MMCFD, this could increase to 55MCFD on production.

    This well will take the prodn from the SS field to a total of 200 MMcfd from 6 wells alone.

    For the Sept 2007 quarter, total of 2416 mmcfd gas was sold by ORCA. Gas to power grid cost was US $2.19/mcf.

    The current configuration of the SS Gas processing plant limits gas supply to 70 MMCFD.



 
watchlist Created with Sketch. Add KEY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.