"Kea Petroleum (LON:KEA) started to heat up this morning,...

"Kea Petroleum (LON:KEA) started to heat up this morning, jumping 6% to 4.75p. Retail investors are waiting for drilling to commence at the Mauku-1 well. The last update on this was back in August 2011 when the company said “Such a target is the Felix structure, on which the Group is planning to drill the Mauku-1 well to 3500m, in the first quarter of 2012. This target is estimated by the directors to have a resource potential, in the event of discovery, centred at approximately 600 BCF of gas, with approximately 20 million barrels of associated condensate.” We will be keeping a close eye on this over the next few trading sessions to see how this one plays out."

http://www.proactiveinvestors.co.uk/columns/fox-davies-capital/8039