that is the scary part of OOO, in contango phase, you need to oil to go up in order for OOO SP to stay the same.
and once OOO in contango, the share price cannot recover (AFAIK) even when oil price goes back to normal, you will be looking at a 10-50% price different
OOO Price at posting:
$19.36 Sentiment: None Disclosure: Not Held