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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