OEL 0.00% 1.2¢ otto energy limited

that will be the clincher, whether he can put a deal together,...

  1. 502 Posts.
    that will be the clincher, whether he can put a deal together, farmout has always been their plan, so don't think that effects their view on the field. Deep sea is expensive, so they need to farmout, just hope they get the right guys.

    KIK/NDO is a good move, near term drilling, shallow water, not as expensive, but pretty high risk of failure where they are looking. Interesting play to get in and try though.

    3D seismic, maybe the galoc proceeds can be used to get in and get some good seismic shot of that prospect, that will build their farmout case. I hope Mr Parks is doing this, but we are waiting on oil flow i am sure before committing.
 
watchlist Created with Sketch. Add OEL (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 10.28am 12/07/2024 (20 minute delay) ?
OEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.