Could be wrong, but price action suggests the F2/B55 recompletion isn't yielding much.
If so, I suspect BYE/OEL will eventually report it along with a sweetener, as is the MO of specs.
The sweetener being a near term plan B.
Plan B could be a sidetrack to tap the B65 main reservoir, or another target identified in the recent seismic review if it makes more sense to drill something else first..
Its possible plan B is not finalised yet, hence no news.
I'm not too worried. The reserves are there and one way or the other they will be drilling this field for years to come.
I'm envious though that its not me hoovering up shares at 4.5c atm
Positive statements coming out of the G20 this weekend. No escalation in tariffs between China/USA, and Russia/Saudis talking production cuts to be discussed at Dec 06 meeting.
Just sort out those two macro issues by Feb Winx spud and I'll be very happy.
- Forums
- ASX - By Stock
- OEL
- SM71 Production data
SM71 Production data, page-21
-
- There are more pages in this discussion • 190 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OEL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $4.714K | 392.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 7391126 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 18351847 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 7143961 | 0.012 |
9 | 7876361 | 0.011 |
6 | 14157452 | 0.010 |
2 | 1375122 | 0.008 |
2 | 166837 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 15468729 | 13 |
0.014 | 4999235 | 10 |
0.015 | 4127000 | 5 |
0.016 | 2000000 | 1 |
0.017 | 72000 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
OEL (ASX) Chart |