OEL 7.69% 1.2¢ otto energy limited

Ann: Otto Farms in to Eight Well Gulf Coast Package with Hilcorp, page-4

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  1. 11,063 Posts.
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    Hilcorp is one of the most respected (and largest) private companies in US. Jeff Hildebrand is the multi-billionaire founder.

    They were early in EFS and a player in Alaska for a long time. Get a bad rap from time to time for the environmental misconduct.

    One thing that does concern me with this package in the low liquids content (28% at P50) of the prospects. OEL is becoming much more gas weighted in its production profile (assuming success of course). Keep that in mind.
 
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