OEL 9.09% 1.2¢ otto energy limited

time for otto to pass previous highs, page-10

  1. 13,990 Posts.
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    Zinc,

    I don't follow OEL closely, but you might want to look at IPM. If you do you"ll just about be an orphan. Very low cap and 55% of Edirne, plus heaps more.

    Regardless, these low cost, modest pockets of gas in Europe are great. Much better than waiting for an LNG plant, then subtracting huge CAPEX and finance costs. OEL initiated these Turkish finds, and obviously recognise potential in Italy. I am a little wary of their oil assets (yes AED, and AZA come to mind).

    Apologies for the cross promotion.

    EL
 
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