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What's happened to Kea Petroleum?

Wednesday, Dec 28 2011 by
1

Kea petroleum seems to have gone quiet. I remember reading about it last year with "rumours" that Kea is the one to be in, Yes - I bought some. Any thoughts or ideas?


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Kea Petroleum Plc (Kea) is a United Kingdom-based holding company. The Company is engaged in the exploration for hydrocarbons, comprising oil and gas. In April the Company drilled Wingrove-2. The Company focuses on Douglas prospect, Ruapuha prospect and Huinga prospect. In June 2010, the Company drilled Beluga-1, located in PEP 51155. In May, 2010, Kea acquired a 10% stake in its third well, the Tuatara-1 wildcat, operated by AWE New Zealand Limited. In July 2010, the Company acquired PEP 381204 was acquired from Genesis Energy. The permit includes both the Felix and Mangatoa prospects. In October 13, 2010, the Company acquired PEP 52333 in Mercury prospect. On October 22, 2010, the Company was granted license area PEP 52200, covers 184.1 square kilometers offshore area in the Taranaki Basin. In January 2013, it acquired Puka 3D seismic. more »

Share Price (AIM)
5.88p
Change
0.3  4.4%
P/E (fwd)
3.5
Yield (fwd)
n/a
Mkt Cap (£m)
35.8



  Is KEA Petroleum fundamentally strong or weak? Find out More »


2 Posts on this Thread show/hide all

MrT 30th Dec '11 1 of 2
1

See my comment which probably applies here too: http://www.stockopedia.co.uk/content/just-me-62988/?comment=1#1

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theshipscook 15th Feb 2 of 2
1

Video Talk Kea Petroleum leaps after hitting oil Posted on: Feb 15th, 2013 http://www.directorstalk.com/kea-petroleum-leaps-after-hitting-oil/

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