OEL 8.33% 1.3¢ otto energy limited

Crude Oil, page-276

  1. 9,293 Posts.
    lightbulb Created with Sketch. 760
    yes like SM58 G#3/5 how possibly could OEL afford a blow out with $30m cash while the operations are expected to cost $5.9m.

    Hard to reconcile how cara is worried about a company with 5x the cash of the expected remediation costs while his company doesn’t have enough cash to settle its own drilling obligations outright … but he is here worrying about us bless him
 
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