The Company’s near-term strategic goal is to grow production in the Gulf of Mexico to 5,000 boepd by theend of 2020. Through successful exploration, Otto has built a portfolio of three conventional oil and gasproperties in the US Gulf of Mexico and Gulf Coast with two in production and one in the development stage.These three projects are expected to take Otto close to its goal when each is in full production (anticipatedby late-2020).
A hint?!?! We exited June at 3100 BOE/D on slide 7 There also only mention of lightning 3# for upcoming OEL predicting 1200-1600 for GC after adding an addition for L#3
Might be reading too much into it
OEL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
