OEL 8.33% 1.3¢ otto energy limited

Ann: Drilling Commences on the Duhat Oil Prospect, page-15

  1. 843 Posts.
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    re: Ann: Drilling Commences on the Duhat Oil ... Being realistic - Duhat is a high-risk play and the most likely result is a duster. Having said that, OEL have plenty of other irons in the fire and isn't a one-well wonder like a number of other speccy energy stocks that get pumped up and then fall over when they come up dry.

    There's money already flowing in from Galoc, a good shot at increasing that with Galoc II and even if Duhat doesn't produce the goods there's the ongoing talk to resolve the SC55 situation and get at the big prize of Cinco.

 
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