OEL 8.33% 1.3¢ otto energy limited

If Bye are considering a new entry into the B65 sands, an ideal...

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    If Bye are considering a new entry into the B65 sands, an ideal time to do that would be when they have a rig in the area.
    When the SM74 drilling is/ has been completed early next year , it may be that this is the time that they have in mind to re-enter the B65 sands and/or target some other targets in the SM71 field.

    The new improved seismic interpretation that has been undertaken over the last 6 month should be all but completed by now, and perhaps they are considering their options at the moment.
    Lets hope the new seismic has revealed many more targets, and these are causing them to have some difficult choices , but surely an update is imminent shortly.
 
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