OEL 7.69% 1.2¢ otto energy limited

Ann: BYE: SM 71 Production and Performance Update, page-51

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    From Jan 2015 (yep) Investor presentation of a small GoM focused explorer - founded by ex CEO of Anadarko.

    Note in particular the center top comment by W&T Offshore "Mahogany production increases 550% with benefit of drilling based on new RTM seismic"


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    The technology is the latest and greatest (but not new and has been used and proven by Apache, Shell and other large GoM E&P companies). Thankfully technology works to our benefit and kudos to BYE for being up to date and investing in the best technology to create the greatest opportunities for shareholders.


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