KEY 0.00% 0.1¢ key petroleum limited

you have to read this one

  1. 643 Posts.
    This is not a company report....

    This is from the Journal of Petroleum and Tehcnology:

    "Horizontal well costs can be as
    much as two or three times that of
    a vertical well. However, the production
    factor may be enhanced by as
    much as 15?20 times, making them
    very attractive to producers"

    This is udner "Past Drilling Achievements".

    Link: http://www.slb.com/media/services/resources/articles/drilling/200812_jpt_drillingachievements.pdf

    It is reasonable to dream of 500 barrels a day or more.

    I am waiting for the UK drill!!!!!!!!
 
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