Hi ecneitap.....just a quick pedantic point.....oil price for OEL will vary according to the particular play. From what I gather, the oil we expect to produce in GoM will be priced at or near WTI, while the oil we are seeking on the Central North Slope of Alaska is a high API light tight oil, likely to be priced closer to Brent.
A snapshot of spot prices from Bloomberg show that we can have a few dollars difference between the two.
OIL, page-2
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $47.95M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $72.25K | 6.568M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 9366232 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4532067 | 7 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |