OEL 7.69% 1.2¢ otto energy limited

Now that BYE is no longer publicly listed and won't be making...

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    Now that BYE is no longer publicly listed and won't be making any Announcements on the ASX we might hear directly from OEL about any actions at SM71 instead of needing to wait for Announcements from the operator .
    Of its assets I think SM71 is the most likely to see any action that might see a material increase in production .
    However BYE do not seem to be in a hurry to do anything there at this time .
    I was surprised that there was not an announcement when F3 was indefinitely shut in and disappointed that the F1 well did not consequentially increase production more than it did .
    Not much to move the SP up or down at the moment .
    Certainly with the declining production cash flow they need to cut costs to the bone .
    Last edited by jophda: 02/08/24
 
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