KEY 0.00% 0.1¢ key petroleum limited

"Sorry Thrumyeyes, clarity was lacking in my post. What I meant...

  1. 646 Posts.
    "Sorry Thrumyeyes, clarity was lacking in my post. What I meant by "get an update on the UK acquisition and how it's travelling." was in terms of current production.

    Ie, is it producing 85 bopd? KEY have said for quite some time that the work to enhance production would occur in first quarter of calendar 2010."

    Surandy, just some FYI ...........

    Spoke with Ken and he is very happy with the progress in the UK. He is obviously in close contact with them and things are moving forward as expected, re, previously announced efficiency works.

    All in all very happy and currently beating 85 bopd.

    Hope this is of some use!

    As an adjunct, we discussed strategy and the negative sentiment in the market from time to time.

    He said his focus is ensuring that KEY is a growth stock and will leverage opportunities accordingly to arrive at this outcome. Very unapologetic in this regard and rightly so IMO.
 
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