OEL 7.69% 1.2¢ otto energy limited

bingo, page-8

  1. 6,650 Posts.
    With regard to the east African landholding. I have met with the both companies and reviewed the potential.

    Not impressed, very little sedimentary section and in my view unlikely to have much in the way of prospectivity..

    Early days I know but the magnetics only indicate 1.6 km of section so u have problems with a high enough heat flw to generate hydrocarbons.

    Oel phillipine land holding I like and I look forward to when they try and drill the onshore anticline again!!!
 
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