OEL 4.00% 1.3¢ otto energy limited

Yesterdays update reads the same as the one a week ago. At least...

  1. 8,970 Posts.
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    Yesterdays update reads the same as the one a week ago. At least no obvious problems like a sidetrack

    https://hotcopper.com.au/data/attachments/4707/4707946-4e094f8fac7cca0330097137c7a6d243.jpg

    Last update from Otto was on Sept 12

    " GC 21
    The Seadrill Sevan Louisiana drilling rig was mobilized to location at GC 21 on 8 August
    2022 where it initially underwent pre-acceptance rig maintenance. The rig has cut and
    removed 4.5” production tubing associated with the previously productive zone (MP Sand).

    Cement has been pumped and set in the well with a packer to be set beneath the DTR-10
    zone. The well will then be perforated and a frac pack run in the well prior to flow back to
    sales. Otto holds a 16.67% WI / 13.33% NRI in this lease.
    The well is expected to produce
    in September 2022."

 
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