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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.


OTCPK:OTTEF - Post by User

Otto Energy Ltd
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Post by CarefulEyeon Feb 25, 2001 6:14pm
131 Views
Post# 3382407

The time is NOW!

The time is NOW!Last week's NR says that the two prolific Crosby Wells (36 & 36A) should be producing by the end of March; also, I understand that remedial work on the wells will not begin until financing is secured. Thus, if the March 31st completion date is at all realistic, the financing MUST be completed this week, no ands or buts. I expect positive news before Friday.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities