Here is my 2c worth:
- will the announcement of the definate farmin affect the share price. Maybe a little, but after all it is not suprise, many people probably have already factored this into the S.P.
- OEL has 33m cash on hand, yes, but Galoc is being shut for 3 months, and they have a lot of cost with various seismics. I think this figure might be reduced after 6 months. The real benefit from Galoc will be evident after 2013 if they choose to drill the additional wells.
- unless BHP announces a 2 well drilling program before they drill the first well or they perhaps accounce a drilling program for the Lampos structures the share price might come down considerably if the first well in sc55 is a duster.
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Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $16.98K | 1.374M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 13014166 | 1.2¢ |
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Price($) | Vol. | No. |
---|---|---|
1.3¢ | 13699183 | 20 |
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8 | 9637915 | 0.011 |
20 | 23637452 | 0.010 |
2 | 5100000 | 0.009 |
5 | 595371 | 0.008 |
Price($) | Vol. | No. |
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0.013 | 13699183 | 20 |
0.014 | 4665902 | 9 |
0.015 | 5327000 | 10 |
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