Otto Energy Limited News - OEL | ADVFN

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Otto Energy Limited (OEL)

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Forum Energy: Galoc Oil Field Gets Phase II Development Financing

LONDON--Forum Energy PLC (FEP.LN), a Philippines-focused oil and gas company, Friday said that along with its joint venture partners, it agreed a...

Otto Energy: BHP To Take Control Of Philippines Oil Block

Diversified commodities giant BHP Billiton Ltd. (BHP) has taken up an option to control a prospective oil target off the Philippines island of...

PhreddyPhender

PhreddyPhender 2 years ago

Searching for news on Otto.

doinit

doinit 3 years ago

getting lotsa info on this from ASX

StruggleBug

StruggleBug 3 years ago

Rising share prices, good news flow, not everything is pink out here, but it‘s very stable since mike Utsler is CEO.

today they said they sold most of their pantheon resources shares which they got as a salary when it sold its wholly-owned subsidiary, Borealis Alaska LLC, which held a 10.8% interest in the 44,463 acre Talitha Unit in Alaska, to the acreage operator, pantheon resources.

Since getting these shares pantheon resources share price doubled so also they doubled their salary.

All things considered they are doing a very good job since mike Utsler is here.

Termite7

Termite7 4 years ago

Last year, OTTEF was trading @ $0.0001, goddammitt!!!

StruggleBug

StruggleBug 4 years ago

http://www.ottoenergy.com/site/news-reports/ASX-Announcements
High volume at ASX and in germany
31-Mar-2021 - Change of Director's Interest Notice: CEO buys 5.000.000 shares
8-Apr-2021 Pause in Trading: „...pending it releasing an announcement“

Risen oil price but no risen share price so far.

Edit: CEO = Michael Utsler = https://www.bakerhughes.com/Michael-Utsler
Baker Hughes..... and New Fortress Energy

MWM

MWM 13 years ago

I like this story, nice move recently too...

WildcatDriller

WildcatDriller 13 years ago

Not much shaking here YET...

SCREAMING EAGLE

SCREAMING EAGLE 13 years ago

This looks like another solid play that you have found Wildcat.

WildcatDriller

WildcatDriller 13 years ago

Money in the bank and a solid business plan going forward.

WildcatDriller

WildcatDriller 13 years ago

They are also acquiring assets in East Africa.

WildcatDriller

WildcatDriller 13 years ago

Great Philippine exploration play.

WildcatDriller

WildcatDriller 13 years ago

Otto Energy has a growwing presence in the Palawan basin.

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