Update from Tullow Oil (operator of Uitkijk and Coronie blocks in Suriname) tonight.
The 5 well drill campaign in the Coronie block has been pushed back to March 2010, no explanation for the delay.
Interestingly they've noted plans for further drilling in the Uitkijk block with Uitkijk 11 to be drilled in August 2010 and Uitkijk 12 to follow in September 2010.
From reading information from Staatsolie's website it appears that the initial drilling in the Uitkijk block was done prior to new seismic being completed.
KEY only has a 1.75% economic interest in each of the two blocks but thought this might be of interest to followers of KEY.
KEY Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held