OEL 0.00% 1.3¢ otto energy limited

typhoon season and drilling, page-3

  1. 30,285 Posts.
    lightbulb Created with Sketch. 646
    thanks doc,when galoc first was being brought into production they did get hit with typhoons and storm after storm delaying the project at least 9 months by the time damaged parts etc were repaired.In the meantime the oil price dropped from $140/b to about $40 and OELS sp was destroyed.So its best to be avoided just in case and I know they plan on avoiding it in Leyte where Duhat is to be drilled.
    C
 
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