animex announcement, page-24

I wish KEY would provide a clear, updated map of the prospects for the Nyuni & WSS blocks.

The last map I could find was from the 2009 AGM presentation, slide 17.

http://www.keypetroleum.com.au/reports/20091123AGM2009.pdf

This map shows the Kiliwani North field as a stand alone field however previous maps show Songo Songo South (which the Kiliwani #1 & Songo #8 wells targeted unsuccesfully) and KN#1 is noted on slide 14 of the Excellence In Oil & Gas Conference from April 2009 as being the northern lobe of the Kiliwani GAS structure. Presumably this is the Songo Songo South lead that they are referring to as no map I can find mentions a Kiliwani structure, lead or prospect.

http://www.keypetroleum.com.au/reports/KPPresentationatEiOConfApril2009.pdf


Yurana, the Nyuni #1/1A well which was drilled from Nyuni Island reportedly encountered oil shows. The review is saying that their review of the available information indicates that reserves of hydrocarbons in the Nyuni prospect exist and that there are prospects of further hydrocarbons in that area.

There are reports of a history of oil seeps in the vicinity of Nyuni Island. From re-reading the prospectus I presume further drilling in the vicinity of Nyuni Island would be predominantly targeting these oil shows.