OEL - (Otto) Multi based, Gambling Stock.

[boysy]

quarterly out tommorow should show a higher cash balance even when not taking into account a cargo and the option conversion money. Would be good to hear of progress in turkey and SC 55

[shasta]

quarterly out tommorow should show a higher cash balance even when not taking into account a cargo and the option conversion money. Would be good to hear of progress in turkey and SC 55

I'll be dissecting it closely when it comes out, the cash position should look pretty good

[boysy]

It should look good also mention of Siesmic interperetation could get a bit of buying interest back again into otto. Seems to be ticking the i's and dotting the tees behind the scenes while no one is watching time will tell if the market will wake up im sure a farm in would put the spot light firmly on otto heres hoping.

[shasta]

It should look good also mention of Siesmic interperetation could get a bit of buying interest back again into otto. Seems to be ticking the i's and dotting the tees behind the scenes while no one is watching time will tell if the market will wake up im sure a farm in would put the spot light firmly on otto heres hoping.

Last quarterly OEL had around $21m left of the BHP funds, how much has been spent will give us an insight on how busy BHP have been!

[boysy]

well its out it a good read but it really does make you have to read between the lines

http://www.asx.com.au/asxpdf/2010072...ldtkzknt5b.pdf

[boysy]

Things starting to look up the charts looking a bit better lets hope galoc uptime can continue to be high and the poo continues its recent uptrend. If the Poo keeps rising it must bring the more marginal oil prospects back into play such as sc 50 ect

[boysy]

Good link from BRR with CEO discussing quarterly results

http://www.brr.com.au/event/67519/ot...oore-ceo?log=1

He mentioned cash balance end of July ~A$30 million well worth a listen

[trackers]

OEL looking really good technically, just need some volume to kick in for another push upwards

[boysy]

Thats the thing Trackers it went down from 12 to 7.5 on low volume yet the fundamentals keep looking better and better perhaps it will take farm out news t boost the sp beyond the current range

[shasta]

Thats the thing Trackers it went down from 12 to 7.5 on low volume yet the fundamentals keep looking better and better perhaps it will take farm out news t boost the sp beyond the current range

OEL - Presentation at Australasian Pace Setters Conference

http://www.stocknessmonster.com/news...E=ASX&N=500522

Last cargo sold at $US80/bbl Capex & Opex = $US29/bbl

Galoc production still fairly static & 100% uptime is comforting

Nice gas price @ $US7.40/mscf for Edirne project

OEL still looks cheap, & any deal with BHP will re-rate the stock significantly