OEL 18.2% 1.3¢ otto energy limited

Ann: Lightning Exploration Well Update, page-4

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  1. 9,080 Posts.
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    "Completed well will be tied back to existing gas export lines near the well with first sales expected to be delivered approximately 30 days after any successful pay in the well is logged. Estimated completion and development costs US$3.0 million (Otto share US$1.50 Million) "

    Sounds good. Success should get us trading back above 5c with a run to 6c+ pre Winx#1 result, imo.
 
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