No, you certainly can't be any clearer than this.Thanks. The whole thousand miles of Tanzania oceanfront oil real estate has been bought up, with Shell at the Kenya border,Petrobras in almost the entire cetral block & Statoil near the Mozambique border.So there'll be a lot of exploration & development going on soon.The House Full/ No Vacancy sign has been well & truly put up.
Wonder who Ophir is-romantic sounding name ?
Very interesting to see that Ras al Khaima Gas has taken up the lease completely surrounding KEY's Nyuni discovery . Did RAK Gas own this lease before the KN1 discovery or did they obtain it after KN1? AT the time you unearthed the report of the visit of the Tanzanian oil ministry officials to Ras al Khaima I did think that RAK Gas might be doing a little empire building on their own.After all there had been a severe difference of opinion between the AminexKey & the RAK Gas geologists on the wisdom of drilling KN1. Speculation only- considering the historic bonds between Oman/Rasal Khaima and Zanzibar. The long KEY drought must surely break soon.
KEY Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held