Otto Energy

 ASX:OEL ISIN:AU000000OEL3

May 26, 2012

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Otto Energy Company Summary

 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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COMPANY DATA

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

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