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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 Darilonon Feb 24, 2003 12:00pm
93 Views
Post# 5893069

RE: natural gas prices are UP UP today again

RE: natural gas prices are UP UP today againNG prices this high are a good news/bad news situation. Good short term, however, it could drive consumption to alternative fuels, which can hurt long term just as it did in 2001. I still think we'll see strong NG prices longer term this time, however, as the crunch is supply side rather than demand side.
Bullboard Posts

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