5 November 2012
The Manager
Australian Securities Exchange Company Announcements Office Level 4/20 Bridge Street
SYDNEY NSW 2000
Dear Sir
We attach herewith an ASX Announcement for Investors regarding activities on the drilling of commitment well Cyrene-1 on EP438.
The relevant interests after the drilling of Cyrene-1 will be as follows: |
Regards
Managing Director
KEY PETROLEUM LIMITED Key Petroleum LtdGround Floor, 39 Stirling Highway, Nedlands, Western Australia 6009
T: +61 (0)8 6389 0322 F: +61 (0)8 6389 0697 E: info@keypetroleum.com.au W: www.keypetroleum.com.au
ABN 50 120 580 618
ASX AND MEDIA ANNOUNCEMENT
5 November 2012
CYRENE-1 UPDATE ON EP438 ACTIVITIES
Further to the announcement of 29 October 2012, Key Petroleum Limited ("Key") is pleased to announce that the EP438 Joint Venture has received environmental approvals from the Department of Mines and Petroleum (DMP), for DCA Rig 7 to undertake the drilling and testing program of Cyrene-1.
Key's 30 man camp and tubulars will now start mobilising to site and further updates will be issued as other relevant approvals for the drilling of Cyrene-1 progress.
For further information, please contact:
Kane Marshall
BSc (Geology), BCom (Inv & Corp Fin), Masters PetEng
SPE, AAPG Managing Director Key Petroleum Ltd
Telephone: +61 8 6389 0322
Email: kmarshall@keypetroleum.com.au
Competent Persons Statement
Information in this ASX Release relates to information compiled by Mr Kane Marshall. Kane Marshall is a Practicing Petroleum Engineer and holds a BSc (Geology), a BCom (Inv & Corp Fin) and a Masters in Petroleum Engineering. He is a member of the Society of Petroleum Engineers (SPE) and the American Association of Petroleum Geologists (AAPG).
Key Petroleum LtdGround Floor, 39 Stirling Highway, Nedlands, Western Australia 6009
T: +61 (0)8 6389 0322 F: +61 (0)8 6389 0697 E: info@keypetroleum.com.au W: www.keypetroleum.com.au
ABN 50 120 580 618
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