oil producer any day now

Well, yesterdays a/hrs ann confirmed that KEY is going ahead with the UK oil acquisition -- we can assume a done deal.

Does then KEY's immanent transformation from explorer (with discovery), to oil producer [85 --> 500bopd(?)upside]deserve a higher makt cap,,right now that is,,before the inevitable confirmation.

Might see some anticipatory moves today. Really can't envisage anything but a move higher based on the mkt cap alone.