Give them a call and ask...here is a clue Listed on OZ stock exchange Reports in OZ dollars Head office is 32 Delhi Street West Perth WA 6005 AUSTRALIA Ph: + 61 8 6467 8800 Fax: + 61 8 6467 8801 Contact Us
Thought I'd repost what someone linked the other day. http://www.finnewsnetwork.com.au/Presentations/ASX_Spotlight_Series_2015/May15/SPHK_OttoEnergy_May2015.html It's a presentation by Otto in May. They start talking about the Phillipines 5 minutes in. At around 11:58 he says about 30 million barrels of oil at Hawkeye would make it economic (12:30 he say we are targeting a mid-estimate of 140 million barrels) Then at 14:00 he says a successful Hawkeye drill will lead to Cinco drill as a follow up (No timescales if that would be soon after Hawkeye or a few months down the line....... Also I'd imagine if Hawkeyes a duster it will put a spanner in the works regarding confidence and the ease of funding a Cinco drill) Hoping for a positive RNS but this is oil exploration and can go either way. ATB
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