KEY 0.00% 0.1¢ key petroleum limited

Roznov,Based on the 2nd quarter activities report I don't expect...

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    Roznov,

    Based on the 2nd quarter activities report I don't expect any news on approval of drilling the Borsano block just yet. Perhaps sometime during next quarter we might get an announcement. It sounds like the Borsano block has progressed as far as it can and it's now a matter of waiting on the result of the request to the government for final approval to drill. Then, as you say, the next step is to finalise securing of a rig.

    The main ground work scheduled in the near term (ie, this quarter and next) for KEY that I can ascertain from their announcements is the recording of new seismic in the Nyuni block.

    My interest in the EAPC and comments by associated companies is to gain further insight into progress of developments in the region.
 
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