Hello all long term OEL holders.
A couple of things re the current dismal price and few traders.
In 12 months time OEL will have a 12000bopd production.
They will likely have a Duhat well completed in 6 to 7 months.
That has a huge potential with onshore costs in relation to drilling. The latest info re potential field looks very good.. Mathews words.
BHP is still looking at 3 rigs for Cinco.
Shell is likely drilling in Aug in the Phillipines.??
The value of 12000bopd production would appear to make Oel worth more as a company per annum than is the current cap of the whole company at present price.
I previously stated I have a large holding an its a no brainer re the future value of Otto. It has been a prolonged journey but I do beleive its a proverbial 10 bagger ..time frame 8 to 12 month period.
all the best 247
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Mkt cap ! $59.93M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 6839160 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.3¢ | 12693989 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 6839160 | 0.012 |
10 | 5989767 | 0.011 |
1 | 2000000 | 0.010 |
1 | 100000 | 0.009 |
2 | 245123 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 12693989 | 20 |
0.014 | 5287214 | 10 |
0.015 | 5481000 | 13 |
0.016 | 200004 | 1 |
0.017 | 72000 | 1 |
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