Worth highlighting once again OEL seems to be undercooking SM71 reserves vs BYE as follows - if BYE reserves metrics are more accurate it makes OEL pricing significantly cheaper than presented in the previous table ....
OEL reserves report as of 30/06/23 -
1P net entitlement 786mboe (88% liquids)
2P net entitlement 1315mboe (88% liquids)
BYE SM71 reserves position as of 31/12/23 (note a further 6 months of production vs OEL #s)
1P net entitlement - 1,751 (90% liquids) - 123% higher than OEL booked reserves
2P net entitlement - 3,015 (88% liquids) - 129% higher than OEL booked reserves
Worth highlighting once again OEL seems to be undercooking SM71...
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Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $29.38K | 2.261M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 15020639 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1166818 | 2 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.2¢ | 12129 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| OEL (ASX) Chart |