OEL
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8.33% 1.3¢ otto energy limited

After looking at the available evidence my bet is that the...

  1. p1000
    1,012 Posts.
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    19/09/08
    21:29
    Post #: 4290377
    After looking at the available evidence my bet is that the raising will be for the full 15% and in the range of 22-23.5 cents

    That should carry Otto through for the over-runs on Galoc and leave some in the bank for Italy... Hopefully the last raising at these levels unless they can't get the farmout away and have to fund their full share of SC55 deepwater well.

    p1000
    OEL Price at posting: 27.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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