KEY 0.00% 0.1¢ key petroleum limited

wild guess, page-6

  1. 643 Posts.
    reganbaha,

    This info might give u more confidence in Key:

    1- HZ drill == increases production at least 2-3 times

    http://www.enermaxinc.com/directional-drilling/

    2- As much as 20 times according to this link

    http://www.ehow.com/how-does_5074948_horizontal-oil-drilling-work.html

    3- doubled production according to this link (in UK well)

    http://www.accessmylibrary.com/article-1G1-8807049/conoco-horizontal-drilling-boosts.html

    Practically, there are too many cases where horizontal drilling dramatically increased production.

    Google: horizontal drilling increase production (and try
    other word combinations).

    To be honest: after I looked at a few pages, I am more optimistic about UK....Even if we reach 200 barrels a day, we will get at least 5M$ per year...this is serious money for a company like key....

    I am tempted to increase my holding..

    Of course, Do your own research. I am optimistic about key and I take no responisbilty if I proved to be wrong in the future....

    Have a nice day,
    Amer.

 
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