I see NSE will be drilling Nicolay #1 prospect on EP456 as their first drill and its all on track to start mid 2012. This is good news for KEY as EP456 is right next door to KEY's 448 holding`I think( I will have a look at the map when I finish work to confirm). This will draw some more attention to KEY who still only has an acerage/EV of around $4, so still cheap as.
We also have NWE drilling their Perth Basin asset in mid 2012 which is also in the vicinity of KEY holding.
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not to be overlooked, page-13
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