OEL 0.00% 1.3¢ otto energy limited

Ann: Otto to Participate in Production Acceleration Well at SM71, page-13

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  1. 1,456 Posts.
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    jasonp,
    No I have used the 2P contingent resources for the well in question F5 D5 ST, being 270,000 bbl and 0.86 bcf.
    Boysy, I am not sure what F3 has to do with it.
    I'm estimated total cash generated.
    My SM71 production cost are probably too high (could be sub-$5?).
    Too many share 4.8b v 5.0b as boysy points out.
    Whilst I don't know production profile, and it is likely to be front ended I believe that I was overly generous to make up for too many shares and too high production costs.
    I believe that my guesstimates would be fairly close, or at least close enough to make an informed decision..

    https://hotcopper.com.au/data/attachments/6387/6387633-d383de211dbf43a3455ee7bfdf49f990.jpg


 
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