OEL 7.69% 1.2¢ otto energy limited

Ann: Trading Halt, page-21

  1. 9,037 Posts.
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    Wording from the TH notices. Not much to draw from them except OEL approaching TD on two wells vs BYE/MEL only one well, hence the extra trading activity in OEL shares since Monday.
    Could all change over the TH period as drilling continues and more data is gathered.

    OEL
    The Company requests a trading halt pending announcement of updates on the drilling of both its Big Tex and Bivouac Peak prospects

    BYE
    (a) the reason for the trading halt is that the Company expects to make an announcement in relation to progress at Byron operated Weiss-Adler, et. al. No. 1 well;

    MEL
    a) the reason for the trading halt is that the Company expects to make an announcement in relation to progress at the Byron Energy Limited (ASX:BYE) operated Weiss-Adler, et. al. No. 1 well;
    Last edited by ronstieb: 10/10/18
 
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