between here and 20c.., page-13

Radio,

Interesting suggestion. When the announcement came out, I pictured the Chinese running seismic over the JV's and all surrounding leases. One copy for the JV, and one for the techs in China. I would be amazed if someone won't be analysing them for Chinese interests.

Watch Maurel & Prom also. They cement corked their exploration well because of the pressure.

The focus on this region is building every day.

As a vague comparison, I noted AZZ's announcement yesterday, and the numbers they released. Granted that there are big differences between the location, type of play etc, but I still prefer KEY any day. I expect our reserves to be larger, and the wells will produce at far lower cost. Key's exploration upside is far greater also.

AZZ's M/C is $74M, KEY's is $18M even at yesterday's contrived closing price. Pretty exciting upside potential to KEY.