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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
Comment by littlejoepton Oct 29, 2002 12:21am
123 Views
Post# 5539916

RE: What more could we expect? CDNX MKT

RE: What more could we expect? CDNX MKTI don't trade online. I checked, and trading canadian stocks--at least with outfit i checked with--has to be 'broker assisted', plus they got a tariff on 'penny stocks', whole deal adds up to about 1 1/2%. I'm no expert--somebody--probably everybody--else might know better way to do it. My broker would charge me about 45$ u.s. for a 2000$ u.s. trade. I've met the management on several co's i'm into--and become friends with some of them-because of my broker. Have made some good contacts and got some co's i really like--it's worth it to me. I also checked on opening a canadian trading acct--it seems like i always get ripped a little on the exchange rate, esp. on the 5 to 20 centers--but guess u.s. citizens can't do that--sorry i can't answer your question--lj
Bullboard Posts