OEL 0.00% 1.3¢ otto energy limited

production an 12 month future prospects

  1. 559 Posts.
    lightbulb Created with Sketch. 8
    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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