re: Ann: Exploration permit status granted of...
"It is a tricky one, but if KEY are cheesed at not being in control then I guess offloading Tz gives them the opportunity to retain more of a hold on Italy. It has been a tough trot."
Kalmsg, Key were/are in control of West Songo Songo (as operator), so does not really make sense to get rid of that tennement. Get rid of their 20% - definately. But West Songo Song, I'd hold onto as they have more control. Especially because of how close they are to the mainland.
Make a big discovery - farm out the production, and build a 'short' pipeline to the mainland! Hell maybe they even have Oil that close! Also shallower waters that East Songo Songo!
That part is disappointing, but hopefully they get a good price if selling both areas!
KEY Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held