OEL 7.89% 3.5¢ otto energy limited

ninety thousand barrels of oil per month

  1. 34,607 Posts.

    Otto's interest should be around 3,000bopd once extended production has been completed.

    that would give them approx 90,000barrels of oil per month. (give or take a barrel)..

    current oil price over US$102bbl...AUD$108bbl

    i'm sure you can do the sums..

    compare market caps with Nido (NDO) $302mm & Carnarvon (CVN) $311mm

    Otto's market cap approx $142mm

    pretty simple..
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