OEL 8.33% 1.3¢ otto energy limited

SM71 Production data, page-22

  1. 9,278 Posts.
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    Fail to see why OEL/BYE wouldn't bring forward drilling of SM71 to ensure the platforms max capacity is utilised in the interim. Lets hope the siesmic undertaken at and around SM71 gives them confidence to drill another well on SM71 or vermilion in the short term. Would be good to see a drilling rig bought out to plug a few more wells into the existing oil column and doing some step out testing to test the extent of the existing discovery. Surely some of the CR money raised for the hillcorp testing could be used for low risk testing of the existing field if is pays for itself before the funds are needed to test the final few hillcorp wells next year ???
 
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