KEY 0.00% 0.1¢ key petroleum limited

aminex up tonight, page-2

  1. 6,736 Posts.
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    TCTC, KEY's share price has decoupled from that of Aminex in recent times.

    This is because:

    - Aminex (in partnership with Tullow Oil) are soon to drill in southern Tanzania;

    - KEY are focusing on the acquisition and improvement of producing assets in the UK.

    Until further progress is made on the KN#1 discovery, further drilling in the Nyuni block and/or drilling in West Songo Songo then the two companies will continue to trade independently.

    KEY & Aminex are joint partners in Nyuni & West Songo Songo (KEY's interest is 20% & 50% respectively).
 
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