Quite a bit of upside built into the sp for a substantial reserves and resources upgrade.
For SM71 it looks like we'll get an increase in D5 2P reserves, most of B65 best estimate resource upgraded to 2P reserves, and J1, B55, B65, and C10 sands will join the prospective resource list for further appraisal.
Then there's expected resource updates for SM57, 59, 74 and B/peak, of which OEL has an interest in the latter two.
No shortage of near term drilling candidates.
BYE Price at posting:
34.0¢ Sentiment: Hold Disclosure: Not Held