OEL 4.17% 1.3¢ otto energy limited

Maybe water cut, but probably pressure decline caused lower...

  1. 502 Posts.
    Maybe water cut, but probably pressure decline caused lower flow. wasnt it initially flagged for only 2.5 years production anyway? Interesting to see the NPV of the field now, 12 - 18 months since investment.

    $5m bridge funding supplied by ze Germans i would think. Hopefully they continue to back the GPC investment as they were the ones who got us into Galoc as operator. They supplied the cash and Mr Jetter(?)

    I would expect the release to be about funding, jeez, what a start to the week ......

 
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