KEY 0.00% 0.1¢ key petroleum limited

maurel & prom

  1. 6,682 Posts.
    Couple of interesting snippets here in relation to M&P activity.

    Seems to be a high degree of confidence in relation to Mafia Deep. M&P also following up in August with Rufiji

    http://www.scandoil.com/moxie-bm2/news/maurel-prom-to-spud-tanzanian-well-in-august.shtml

    http://www.scandoil.com/moxie-bm2/news/company_news/maurel-prom-tackles-mafia.shtml

    The significance to KEY being it is the next lease and M&P supply drill rigs for Tz. M&P state on their website...
    "Tanzania is a key growth opportunity for Maurel & Prom. The recent gas discovery encouraged the group to intensify its exploration work in this area."
    http://www.maureletprom.com/spip.php?article252

    Hence if they reckon KN1 is of relevance to them, it is equally relevant to us.
 
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