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Otto Energy Ltd V.OEL


Primary Symbol: OTTEF

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

Bullboard Posts
Post by Malpequeon Sep 13, 2002 10:37am
121 Views
Post# 5431295

Info morning

Info morningNice to see all doing their homework this am. There is no doubt that the gas is here NS/NB/PEI and PEI will be the best chance for the near future for wildcats. Someone will open it up in the next few months or years. A couple of things.. The PEI Martime Electric Co Gen requirement is for 50mmcfpd not 5 so its a good customer for someone with the first pipes to Charlottetown. For an export pipe from PEI not to PEI they need 250,000,000 mmcfpd to make that work. Someone mentioned 3D in the CCX property... my underdatnding that no onshore 3D has ever been done in the Martitimes. The first is supposed to be on the Meteor Creek property eastern PEI this fall. Kinetex made a PR to that issue a month or so back.
Bullboard Posts