Hey Mod, just read through the new update (just appeared).I...

Hey Mod, just read through the new update (just appeared).

I noticed that Drilling EP 448 has been pushed out to 2014 (if they get a J/V partner).

I must admit, KEY is looking like the next 2 wells are all or nothing..

After that, any idea's on what KEY might try project wise?

IMHO - KEY is now very high risk, but that does not mean I don't like a bit of risk once in a while. After Cyrene and Waugh, there will be little left unless... they hit oil/gas.

I agree with your post btw regarding the ah, delayed spudding of Cyrene-1, however, it could be argued that it will only take 1-2 days to drill 175 meters... so they don't need a lot of time. Then its Xmas for all.

Good luck to all holders.
Sorry if this post is viewed negatively, I post in the interest of getting a better understanding of what KEYs potential is. 2 wells over the next couple of months for such a small stock is going to be quite exciting I think.