Well said Smack23let me add..and say to the value per share...

Well said Smack23

let me add..and say to the value per share people...

If mkts are forward looking and price equities 6 months hence,,then KEY should be priced for it's march '09 assumed accomplishments.

Question is, is march '09 likey to see the UK assets workover resulting in 2-500bopd,, how likely is Tz to of progressed commercialisation,,and Italy,,and Suriname

The value of the income stream to KEY is as 'KEY Petroleum UK'.... low risk, high return on capital outlay, that is,, a cash cow, with this business generating money to fund the high impact Tz and Italy projects.

KEY's strategy: Low sovereign risk income stream funds the high risk/high impact ones.

KR now wields a bigger stick at the negotiating tables,,, no longer cap in hand stuff,, 'We are an oil producer now' KR will inform..Love too see the faces of the TZ authorities when they next meet.Priceless :>.Same goes for Italy.

Nice to know that the TZ petroleum organisation has taken form and will have the big internationals present offshore Tz, as members, I assume. The sticks are becoming clubs.