OEL 0.00% 1.2¢ otto energy limited

Ann: Otto to Participate in Production Acceleration Well at SM71, page-21

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  1. 9,320 Posts.
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    In my eyes it’s clear the resource being targeted is significantly larger than the prospective resource gdn noted.

    It would appear from the wording of the announcement they are looking to accelerate production (read produce reserves) quicker than they otherwise would without the well.

    let’s hope they achieve some decent success the SM71 field in general has outperformed all expectations to date let’s hope this continues post drilling the well.

    would be good to hear further details
    Of what additional field development opportunities exist - think G3/G4 or recompletion of MBS etc.
 
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