OEL 0.00% 1.3¢ otto energy limited

oversold says the market !!, page-10

  1. 1,387 Posts.
    thanks strat,

    i did read the report, but am no geologist.

    If it was a plug failure, it makes tindalo a very attractive re-development, redrill, as was viking thinking?.

    I recall a conversation with phil around the viking period, the issue was that their offtake vessel, was internally owned by viking, and the cost of operations, would be difficult to police, potentially resulting in reduced profits to the external partners, NDO.

    I still think, that the discoveries in place, make money spent there, better that wild cats cost of drills.
    Get extra cash cows operating, will de-risk the stock from investors pov, and rise in sp, mc.

    Perhaps OEL, with Galoc ph2, can partner replace KIK, and get X1, yakal, and another try on tindalo.
 
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