Even at 1000bopd = US$300 a day, that is approx. US$100,000 a year depending on up time - peanuts sure but helps keep the OEL lights on, for zero expense/risk to OEL.
10x that over a field development of say 5 years & we are talking more like US$1 Mil per year = approx A$1.5 Mil at approx present MC would be approx. a 7% net return. WE live in hope !!
How much does the deep water disaster that screwed us & OEL produce a day & how much did it cost to get that !!
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Last
0.5¢ |
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Mkt cap ! $23.97M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $123.3K | 24.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 36581657 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7655076 | 3 |
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| Last trade - 15.59pm 16/06/2025 (20 minute delay) ? |
| OEL (ASX) Chart |