OTE otis energy limited
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Otis Energy Limited (ASX: OTE) is pleased to announce the...

  1. Buckland
    9,379 Posts.
    lightbulb Created with Sketch. 2013
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    12/06/12
    17:34
    Post #: 10295289
    Otis Energy Limited (ASX: OTE) is pleased to announce the acquisition of a 5.5% WI (4.29%
    NRI) in the Charro Oil Exploration Project located in Lea County New Mexico

    (funding 7.33% to casing
    point). Expected costs to drill, complete and equip a well with facilities stands at $115,000 per
    well to Otis.

    Is this a good deal or not, can someone give an opinion



    DYOR
    OTE Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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