Not the bloke who made these statements; Preparations continued...

Not the bloke who made these statements;

Preparations continued for the first development well drilling at the Lidsey oil field, which is currently scheduled to take place in mid-2010

Preparations continued during the Quarter for the first development well drilling at the Lidsey oil field. One major step in this process, namely UK's Environmental Agency approval, has recently been achieved. Another required approval, consent of the local shire council planning authority is also being sought. In view of the anticipated time to gain this approval and drilling rig availability, the drilling of Lidsey #2z will likely be deferred until the December Quarter.

"The board and management of Key have attempted to price this offering so that it is fair as possible for all shareholders. The Company's board of Directors will be participating themselves as their individual financial capabilities allow but collectively believe that this is an opportunity to partake in what is a significant point in the Company's history as it undertakes drilling of its first Australian wells. These wells, along with the development well of Lidsey #2 in England following a successful capital raising means there will be three wells drilled back to back by Key.

If you haven't worked out who the bloke is I'll give you a clue his remuneration increases by the number of failures and misrepresentations he delivers to S/H