OEL 0.00% 1.3¢ otto energy limited

Ann: Quarterly Activities and Cashflow Report, page-2

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  1. 9,044 Posts.
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    Decent numbers coming out of SM71 and Lightning, all things considered.
    A fairly transparent QR imo

    Wrt any hints on GC21 production/expectations

    ▪ Aggregate production growth – Ramped-up GC 21 output is forecast to drive significant
    growth in Otto group production over FY21.


    and

    This reservoir is expected to perform consistent with analogue wells in the GC 18 field.

    I'm sticking with my guess of around gross 8000 boepd, ~80% liquids

    Interestingly, we earnt more than BYE for the Qtr on an NRI basis, have less debt, but only ~30% of the MC.
 
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