OEL 0.00% 1.3¢ otto energy limited

Ann: Interview by Otto Energy Managing Director Matthew Allen, page-7

  1. 10,875 Posts.
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    Think it proves that Freddy is indeed blind (and can't read)

    While Matt has trouble distinguishing Bopd and Boepd (watch & listen carefully) what he does know is Finance! By that I mean he has got OEL into "short cycle" capital projects ... quick return (short drilling period and rapid completion and tie-in to production) on discovery ... turning Resources into 1P PDP Reserves (unlike a bunch of other ASX also rans).

    Even though it is really too early (and I need the FY accounts instead of estimates) might try and see what the impact of the CR and drill campaign is on the RE model valuation if I have spare time.
 
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