OEL 9.09% 1.0¢ otto energy limited

I guess we can spare a thought for Talos aswell. Shareprice is...

  1. 682 Posts.
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    I guess we can spare a thought for Talos aswell. Shareprice is down from $31 in December to $6 today.....down 80%.

    There are rumours that Trump is considering shutting in GoM due to Corona virus infections on platforms. I guess we could be affected given SM71 is a manned platform...but i'd imagine the O&G industry would lobby hard for cuts, rather than outright production stoppage. Still, Trump is an irrational mind. Time will tell. But Otto would struggle to survive that...so let's hope it doesn't go down that route!
 
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