with oil close to $80 and Nat gas at ~$4 OEL revenue should be usd$65k day less production costs $15k staffing of $3 and admin of $3 leaves ~$45k day net cashflow before any exploration/development costs. Should be adding between 0.1-0.15c AUD in cash per quarter at this rate …..
OEL Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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