KEY 14.3% 0.4¢ key petroleum limited


  1. 2,020 Posts.
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    If Exxon values XTO at $30 bill for 45tcf of unconventional gas reserves. Then that would imply more than $100 mill for KEY's 20% of 1tcf, and then throw in the fast flowing, sweet gas with condensate properties for free.

    (XTO deal at $30b equity made up of presumably $40b assets and $10b debt, assume 1:1 $A:$US)

    First things first Kenny boy, would love an estimate of reserves from all this new seismic that being processed so diligently and maybe progress on getting this gas to market.

    Please make my day, week and new year KEY. Will love you long time ;)

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