OEL 8.33% 1.3¢ otto energy limited

Ann: Otto to participate in two onshore Gulf Coast wells, page-3

  1. 9,229 Posts.
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    they could afford farm ins like this each month going forward simply funded by current cash flows it’s worth noting …..

    as you note a gently gently approach it would seem modest numbers unless they find another lightning with a discovery bigger than the P10 numbers …..

    interesting to note turnkey nature of drill contract I guess OEL have in fact learnt lessons from GC21 after all …..
 
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