OEL 8.33% 1.3¢ otto energy limited

galoc is still the big if in the equation its life time is...

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    galoc is still the big if in the equation its life time is thought to range from 2-10 years though this depends on the oil price and whether the 2nd phase of galoc development gets the go ahead. On top of turkey and galoc we also have to make mention of caluit oil field sc 50 and its potential value to oel in the near term if the decision is made to develop the field.
 
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