OEL otto energy limited

Ann: F5-ST Bypass Well to be Completed as a Producing Well, page-5

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    BYE's announcement is more upbeat as below

    "Based on Log While Drilling (LWD) tools and drill cuttings the F5ST1 BP1 wellbore intersected 177’ TVT of hydrocarbon in the D5 Sand, an increase of 30% more than the F5ST1. The intersection point was just 55 feet northwest of theD5 Sand intersection in the SM71 F5ST1 well. The excellent quality of the D5 Sand in the F5ST1 BP1 wellbore indicates the well is near the center of the depositional channel system"
 
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