OEL 0.00% 1.3¢ otto energy limited

Ann: Non-Executive Director Apppointment, page-13

  1. 9,278 Posts.
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    Bring on the quarterly i suspect a number of brokerage houses may need to update models on production going forward, it would be good to hear a clear strategy of fully developing those assets we have already than a scatter gun hilcorp type approach - SM71 (F#5 re entry), lightning (further wells into the productive sands and or fracking of the lower less permeable targets), some forward guidance around GC#21 hopefully they have something more meaningful to say around how they expect it to flow (if they don't already know).

    I see the drillship completing the GC#21 well is essentially being mothballed for the time being as they couldn't find a contract post Talos contract - lets hope any future wells in the field are more trouble free and at a far lower cost going forward.

    https://www.houstonchronicle.com/bu...lay-off-110-offshore-rig-workers-15397926.php
 
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