They are opening up the field and flowing first oil on monday with 3,000 bopd for OEL (17,000bopd from Galoc field), at $100 a barrel (or more) $300,000 /day, $120m a year.
Market cap today of only $198m.
Good math right there.
first oil monday june16
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $145 | 12.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2626840 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 15958763 | 19 |
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| Last trade - 10.28am 12/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |