China's claim line is outside SC55 so it doesn't seem to be an issue. I'm surprised that OEL hasn't found a partner yet to drill even with the $25m from BHP. Here is the map of China's claim line with the green markings.
http://en.wikipedia.org/wiki/Nine-dotted_line#mediaviewer/File:9_dotted_line.png
Here is the SC55 permit map showing SC55 in Philippines waters.
http://www.ottoenergy.com/irm/content/service-contract-55-offshore-palawan.aspx?RID=311
China's claim line is outside SC55 so it doesn't seem to be an...
Add OEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $3K | 240.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 13140096 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 10314006 | 18 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| OEL (ASX) Chart |