Good point Roznov, KEY have stated in their 1st quarter activities report released on 30/10/09:
planning has already commenced for the first development drilling at Lidsey currently scheduled to take place in the first quarter of 2010
And in their AGM presentation on 23/11/09:
Drilling scheduled Q1 2010
Then in their Production Update announcement on 9/12/09:
Keys drilling and geological team in Australia as well as its personnel in the UK and a number of consultancy groups have commenced work on the design, approval process and procurement requirements for drilling of the Lidsey #2 well, scheduled in 2010.
Since 9/12/09 there has been no further advice on progress made. Has a rig even been secured for drilling?
KEY Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held