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0.00% 1.3¢ otto energy limited

Ann: Otto Farms in to Eight Well Gulf Coast Package with Hilcorp, page-112

  1. ronstieb
    8,903 Posts.
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    04/08/18
    12:31
    Post #: 34720286
    Extra potential supply from the 10th, vs people getting set for 4 firm 2018 wells starting late August, and more wells in 2019.
    I think around 6.5c sp (~10% premium to CR) will hold up to first results.
    OEL timed this CR perfectly.
    OEL Price at posting: 6.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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