OEL 8.33% 1.1¢ otto energy limited

Ann: Otto Farms in to Eight Well Gulf Coast Package with Hilcorp, page-127

  1. 6,593 Posts.
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    Really hoping we get news of site works commencing at Biv Peak. If not, I see early pressure into the 6.6 area, closing low 7. I think we'll see a pattern of early pressure and late accumulation over the next while as the big boys trade stag profits from the cap raise or accumulate. Biv Peak really not far away, along with the first Hilcorp drill, which should support things. Would be good to see an in-depth look at the first few Hilcorp prospects so as to cement the valuation.
 
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