I think your analysis of the Talitha drill is a real possibility , certain to be some hydrocarbons there.
The holders of OEL are not escrowed .
The BOD has denied its shareholders the very large if not sustainable increase in the OEL share price that was extremely likely during the drilling of the well even if the well ultimately was not commercial.
If the well did prove to be a commercial success then their funding problems would be largely solved.
PANR has no plans to develop the field and go into production.
They did say they were fully funded to participate.
I am sure that was not a lie.
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1.3¢ |
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Mkt cap ! $62.33M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $11.30K | 928.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 12178633 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 14057138 | 21 |
View Market Depth
No. | Vol. | Price($) |
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8 | 9478633 | 0.012 |
3 | 1201542 | 0.011 |
13 | 20387452 | 0.010 |
1 | 100000 | 0.009 |
3 | 370247 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 10789621 | 16 |
0.014 | 9695902 | 9 |
0.015 | 4627000 | 7 |
0.016 | 714285 | 1 |
0.017 | 2072000 | 2 |
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