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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 SAMITHEBULLon Nov 13, 2002 11:20pm
93 Views
Post# 5582821

JANUARY >>>>RIGHT?????

JANUARY >>>>RIGHT?????Please let me understand this.So know if things go well , we might have things flowing by next MARCH.Two weeks ago you were certain it would be this month.Another thing,by the time we raise enough $$$$ by way of a PP, we are are going to have 30 million shares O/S.You guys might thing iam bashing, while all iam saying is reality.I will say it for the last time, THE MARKET ALWAYS KNOWS,and that is why we are down 60%, not because of revenge.The market knew there are problems with the well last week and know we are hearing from BERNARD, "MAYBE", next year.One more thing, if BERNARD is kind enough to tell you this ,why doesn't he issue a news release for the benifit of all the shareholders to inform us of what is happening?i do not thing that is too much to ask. Samithebull
Bullboard Posts