OEL 8.33% 1.3¢ otto energy limited

BrantleyWhat someone in the company has told you is contrary to...

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  1. 13,191 Posts.
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    Brantley

    What someone in the company has told you is contrary to what the company has relayed via the ASX platform on 2 October 2008.

    "Otto is earning a 50% working interest via the funding of Gazzata-1
    well and a second well if Gazzata-1 is a significant discovery. There is a cap on the expenditure for both the Gazzata-1 and the second well, above which the contribution is 50/50."

    I'd say 'significant' would equate to 10 Bcf.

    How much gas was discovered in Gazzata-1?
 
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