OEL 7.69% 1.2¢ otto energy limited

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  1. 9,094 Posts.
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    Digga
    You asked if you could be missing something.......
    -Natural field production decline
    -Once the Galoc jv recoup their capital investment for Galoc-2, then their % take of the profit oil will be less
    -Galoc reserves net to OEL stand at 2P ~3mmbbls, ok, but not a huge amount
    -Risk of a single producing asset
 
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