Otto Energy Ltd V.OEL

Primary Symbol: OTTEF

Energy Oil & Gas E&P

Otto Energy Limited is an Australia-based oil and gas exploration and production company, which is focused on the Gulf of Mexico region. The Company’s projects include South Marsh 71 (SM 71), Lightning Field, Green Canyon 21 (GC 21), Mosquito Bay West, Oyster Bayou South and South Timbalier 48. The South Marsh 71 is located in the offshore shallow waters of the Gulf of Mexico. The Lightning Field is located in onshore Matagorda County, Texas. The Green Canyon 21 is located in the offshore deep waters of the Gulf of Mexico. The Mosquito Bay West and Oyster Bayou South are located in the offshore state waters, Terrebonne Parish, Louisiana. The South Timbalier 48 is located in the offshore shallow waters of the Gulf of Mexico. The Company's subsidiaries include GPC Investments SA, Borealis Petroleum Pty Ltd, Otto Energy Alaska (Delaware) LLC, Otto Energy (USA) Inc, Otto Energy (Louisiana) LLC, Otto Energy (Patrick Henry) LLC and others.

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Otto Energy Ltd

Bullboard Posts

Post by riverrowon Mar 13, 2007 7:03am

173 Views

Post# 12406734

Re: OEL and Osprey10

Yeah, I noticed that too that Sonoran claimed 100$ working interest. How DID they get that? For some reason I had it in my head that OEL still had at least 12% overiding interest. As much as I appreciate and understand your efforts Osprey10, please don't let this sordid affair consume and ruin your life. At one time my holdings and therefore losses in OEL formed a very large part of my NAV, but fortunately investing life has been very good to me in general, for which I am grateful, and I have learned not to linger on my mistakes or the deceptions of others. These negatives can only cloud one's thinking at best and ruin one's life at worst. Good luck to one and all, and best wishes for continued health and investment success.

Bullboard Posts

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload