Used on NWE forum by Fatz. Nice read.
Peter Strachan of Perth-based StockAnalysis, meanwhile, seems to have been underwhelmed by the annual Excellence in Oil conference in Sydney, noting organisers had obviously found difficulty attracting many top exploration companies to present, reflecting the tough times in the sector.
He thought Otto Energy (OEL) scored the best presentation by the company in three years. It is aiming to be debt-free by May, is working towards drilling in The Philippines and Tanzania this year and has a strong cashflow from its 3200 barrels of oil a day output.
http://www.theaustralian.com.au/business/opinion/russian-invasion-of-ukraine-could-drive-global-food-prices-up/story-fnciihm9-1226856346079#
sc55 farmout flyer, page-22
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