Any smart operator does'nt have all their eggs in one basket.
Unlike NDO and KIK, OEL have gas in europe, oil about to come onstream in Phillipines and a potential cheap drill in Argentina and oil in Caluit.
A farm out announcement in the next few months will be the icing on the cake.
If the first few wells drilled by NDO and KIK are dusters, they will get absolutely hammered.
There are no guarantees in drilling for oil but at least OEL have the runs on the board.
I know who i'd rather be in.
oel and ndo should merge, page-7
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.74M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.1¢ | $27.98K | 2.331M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 17730262 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1414609 | 2 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| OEL (ASX) Chart |