OEL 8.33% 1.3¢ otto energy limited

Ann: H1 FY24 Results and Half Year Report, page-9

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    jophda you raise a very good point re F1 production rate BYE previously mentioned they will only push the field to 2000 to 2500barrels of liquids per day currently they are doing this via ~900bopd from F1 around 150bopd from F3 with another 1000 barrels of water from F3. One would think F3 will water out completely in the near term which would then allow the JV to run F1 hard …. Now we know F3 produced for many years at ~2000bopd before water ingress the question has to be how hard do the JV wish to push F1, do previous comments suggest they could push F1 to double production perhaps but you would expect they can run it a fair bit harder without the associated water production from F3
 
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