OEL 8.33% 1.3¢ otto energy limited

The point which needs to be made is that there is NO WAY of...

  1. 8 Posts.
    The point which needs to be made is that there is NO WAY of knowing at this stage if there is even oil or gas present in this. The only way of finding out is to drill wells, IMO otto will not be doing this anytime soon.

    IMO for anybody to say that otto has a share in a tcf or billions of barrals of oil is completely mis-guided. Sure otto has alot of 'blue sky' but so does every junior E&P.

    Remember worldwide averages in off-shore exploration tells us that there are significantly more dry wells drilled than discoveries! Otto along with every other exploration company cannot deny that fact.
 
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