OEL 8.33% 1.3¢ otto energy limited

Its more about the lack of funding due to tax credit...

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    Its more about the lack of funding due to tax credit uncertainty.

    "Walker is expected to propose measures in the upcoming legislative session starting in January to address tax credits awarded on the North Slope, potentially reducing state support for exploration."

    Bit of a battle between the administration (Gov Walker) that want to cut tax credits and the oil friendly congress.

    Is the proposed well timing/location dependent on seasonality ?
    Last edited by ronstieb: 01/11/16
 
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