My money is on the second well having the same result. I don't think we will be seeing those, what was it, 400 barrels per day from these prospects? 7km is not a long way away, and I can't imagine the formation would move from tight ass sands to loose belly dancer sands over a mere 7 km.
However arguably the value of KEY's 45% of the entire project are for future exploration potential has risen due to the model being proved correct. Maybe that is why there are buyers.
KEY Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held