OEL 4.17% 1.3¢ otto energy limited

Ann: Drilling Commences at SM-6 well in Gulf of Mexico, page-33

  1. 3,935 Posts.
    Thanks Ryphil,
    A very thoughful and well expressed post.
    I like wise believe that OEL has what it takes to make an outstanding comeback. In fact I think 10 cents could be more the mark. There is at least 2 cents in the Gulf of Mexico and I expect OEL to increase their interest there with success.
    Then in Kenya I expect a successful farm out leading to drilling and adding at least 2 cents with cost reimbursements.
    The big one is Alaska, where we have paid to be much further ahead of 88E and have ground in the oil area closer to Prudhoe Bay. I expect drilling to give excellent results along with oil price increases. Success here could add very substantially to our share price.

    Cheers,
 
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