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Otto Energy Limited

ASX:OEL ISIN:AU000000OEL3

 Based in West Perth, Otto Energy Limited (ASX: OEL) is an international exploration and production company that has assembled a balanced portfolio of oil and gas assets in the Philippines, Turkey, Italy and Argentina.

As of mid 2008, Otto expects to receive revenue from production at the Galoc Oil Field in the Philippines which will be used to fund further development and exploration across all of the Company’s highly prospective assets. Otto is opportunity rich with an exploration portfolio that includes additional discoveries that are under development, approximately 20 drillable prospects covered by new 3D seismic and well over 60 exploration leads which are being matured as follow-up potential. Consequently, Otto has an active exploration and appraisal drilling program in 2008/2009.

  

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Markets ASX:OEL

Company Data

    Headquarters
  • 32 Delhi Street
    West Perth 6005
    AUSTRALIA
  • Telephone
  • +61 (8) 6467 8800 
  • Fax
  • +61 (8) 6467 8801 
  • Principal Sector
  • Energie 
  • Principal Industry
  • Energy 
  • Homepage
  • www.ottoenergy.com
  • E:
  • info@ottoenergy.com

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