Key
said
oil
and
gas
shows
had
been
observed
during
the
last
cutting
of
Goldwyer
core,
adding
total
gas
averaged
10.1
units
over
the
cored
interval
and
had
increased
to
14.5
units
at
985
metres.
Earlier
this
week,
Key
announced
that
it
had
encountered
oil
and
gas
shows
in
the
Cyrene-1
well
over
a
43
metre
interval
in
the
lower
Grant
and
Goldwyer
formations.
The
company
has
previously
estimated
the
Cyrene
structure,
which
consists
of
a
four-way
dip
closed
anticline,
to
hold
potential
recoverable
oil
of
up
to
5
million
barrels.
Key
holds
a…
