OEL 0.00% 1.2¢ otto energy limited

OEL still holds ~14m odd Pantheon shares do they not, in...

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    OEL still holds ~14m odd Pantheon shares do they not, in exchange for the Talitha A# Well, indirectly, the recent news from Pantheon on Talitha should bode well, apparently new 'reserve estimates' due in May 2021, in hindsight, that sale may have been a less than desirable strategy, but if I read correctly, OEL still gets 0.% of 8/8ths of income...

    If Pantheon actually have the 'billion barrels' referred to in this article, there's another revenue stream (and re-rate) on the cards...

    I did note the 'zero mention' of that in today's 'rebranded' presentation...

    https://www.petroleumnews.com/pntruncate/843228876.shtml

    Last edited by morgenlofting: 30/04/21
 
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