Allyoops2'
Heres a "repost" of info supplied above...in this thread
--------------------------------------------------
A bit more detail on Keys Ground in Canning. Key bought out 100% of Gulliver Productions from EGO (Empire) which had 5 licenses in the Canning Basin.
The five Petroleum Permits held by Gulliver are:
o Exploration Permit EP 104 (14.8% interest), located near Derby WA
o Retention Licence RL 1 (14.8% interest), contains wells with untested or undeveloped oil and gas discoveries and is located adjacent and on trend to Buru’s Valhalla gas discovery.
o Production Licence L 15 (49.0% interest), contains the West Kora oil field which has potential for recommencement of oil production following a workover to isolate water production in the well.
o Exploration Permit EP 438 (76% interest, reducing to 20% upon completion of free carry). Buru is currently earning a 70% interest by sole funding expenditure of $3 million which includes a seismic survey and the drilling of an
exploration well in 2012. Gulliver is therefore being free carried through an exciting exploration programme with large upside potential.
o Exploration Permit EP 448 (70.0% interest). This permit is located in the southern part of the basin where other companies have committed large exploration programmes in the search for shale gas reserves.
----------------------------------------------------
Also see map at this link
Click HERE for Canning Super Basin Exploration Permit MAp
- Forums
- ASX - Short Term Trading
- KEY
- game: spot the odd one out ?
game: spot the odd one out ?, page-108
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KEY (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.262M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $11 | 11K |
Featured News
KEY (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
SPONSORED BY The Market Online