OEL 8.33% 1.3¢ otto energy limited

net acres, page-7

  1. Ya
    6,809 Posts.
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    Hi EJ,

    Subi's question can b easily answered by updating the permit map by highlighting the polygons for the farmed-in blocks.

    The map shown on the ASX release shows all of GB's blocks, including those on the fringe.

    The main chunky block has a total area of 558195 acres. This is where Otto are farming into as per your post, albeit in certain derisked blocks where wells have been drilled recently.

    So all u need to show on the map is the highlighted blocks that r adjacent to Alkaid-1 &/or including Merak & Alcor and Phecda#1.

    Alkaid & Ph#1 are on the same block. But P#1 hasn't been drilled yet; location wise is closer to TAPS.

    Also wont hurt to get hold of the gravity map of the area & logs for the vintage wells in that permit. Should help in identifying any other sweetspots. Hope this helps.
 
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