KEY 0.00% 0.1¢ key petroleum limited

Here are the original estimates for KN1.K1 was 250Bcf and there...

  1. 6,682 Posts.
    Here are the original estimates for KN1.
    K1 was 250Bcf and there is now fair call to revisit should Tz Authorities come the goods. That is the question and hopefully a few dusters will assist in persuading them.

    http://stocknessmonster.com/news-item?S=KEY&E=ASX&N=380386

    KiliwaniNorth #1 (Gas) will test:
    -Reservoir: Sandstones with fair to moderate porosities
    -Source: Close offset to SongoSongoGas Field
    -Seal: Overlying marine shales and claystones
    -Trap: Faulted anticline
    -Un-risked Potential Gas: Mean Expected (est) 10 -15 BCF

    KiliwaniNorth #1 (Oil) will test:
    -Reservoir: Sandstones with fair to moderate porosities
    -Source: Potential oil source rock in Upper Cretaceous
    -Seal: Interbeddedmarine shales and claystones
    -Trap: Structural / StratigraphicTrap
    -Un-risked Potential Oil: Mean Expected (est) 10 mmbbls(Recoverable ?Based on 35% recovery factor)
 
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