Otto Energy

ASX:OEL ISIN:AU000000OEL3

Feb 9, 2012

OVERVIEW | NEWS | MULTIMEDIA | RESEARCH

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.

DIRECTORS / OFFICERS

Rick Crabb B JURIS (HONS) LLB Chairman (Non Executive) Mr Rick Crabb holds a degree in law and business administration from UWA . He practised as a solicitor from 1980 to 2004, specialising in resources. He is now a full time Director, also being Chairman of Paladin Resources and other resource companies.
Rufino Bomasang Director (Non-Executive) Norasian Chairman Mr Rufino Bomasang, originally a mining engineer, has held numerous senior positions in Philippines industry and DoE, including being former head of the Philippines DoE and former President of PNOC-ECEC.
Jaap Poll Director (Non-Executive) Dr Jaap Poll is the founder of the company with a distinguished 40 year career in petroleum management worldwide. He has extensive work experience in the Middle East, Europe, Central America, Africa, Asia and Australia.
Ian Macliver Director (Non-Executive) Mr Ian Macliver is Managing Director of Grange Consulting Group Pty Ltd, which provides specialist corporate advisory services. He has many years of experience as a senior executive and director.
John Jetter Director (Non-Executive) Mr Jetter is a solicitor and barrister, a member of the Australia Law Society and has extensive international finance and M&A experience, including being the former CEO and head of investment banking for JP Morgan in Germany.

ANNUAL REPORT

PRESENTATIONS

COMPANY DATA

	Headquarters	32 Delhi Street

		West Perth 6005

		AUSTRALIA

	Telephone	+61 (8) 6467 8800

	Fax	+61 (8) 6467 8801

	Principal Sector	Energy

	Principal Industry	Energy

	Homepage	www.ottoenergy.com

Key Developments: Otto Energy

	Otto Energy Limited (ASX:OEL) Service Contract 55, Philippines Revisions Granted APR 29, 2010 09:29 - Article Views: 2,237 Otto Energy Limited (ASX:OEL) (PINK:OTTEF) through its wholly owned subsidiary NorAsian Energy Limited is pleased to advise that the Philippine Department of Energy (DOE) approved amendments to the work program and budget within Service Contract 55.

	Otto Energy Limited (ASX:OEL) Releases Quarterly Report Ended 31 March 2010 APR 22, 2010 15:38 - Article Views: 1,853 The quarter ended 31 March 2010 has seen Otto Energy Limited (ASX:OEL) (PINK:OTTEF) deliver one of the busiest operational periods in the company's short history.

	First Gas Sales For Otto Energy Limited (ASX:OEL) From Edirne Licence, Turkey APR 9, 2010 09:48 - Article Views: 2,567 Otto Energy Limited (ASX:OEL) (PINK:OTTEF) is pleased to announce with its partners, TransAtlantic Exploration Mediterranean Int. Pty. Ltd., a subsidiary of TransAtlantic Petroleum Ltd (AMEX:TAT) (TSE:TNP) (OTC:TAT) and local Turkish company Petraco, that first sales gas has been delivered into the BOTAS national gas grid. This completes the first phase of activity comprising the discovery and development of eight individual gas accumulations within the Edirne Licence in the Thrace Basin of the European part of Turkey.

	ABN Newswire Stocks to Watch: March 25, 2010 MAR 25, 2010 11:30 - Article Views: 5,556 ABN Newswire stocks to watch today include: AuDAX Resources Limited (ASX:ADX) (PINK:ADXRF), AusTex Oil Limited (ASX:AOK) (PINK:ATXDF), Universal Resources Limited (ASX:URL), Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF), Adelaide Energy Limited (ASX:ADE) (PINK:ADEZF), Burleson Energy Limited (ASX:BUR), Beach Energy Limited (ASX:BPT) (PINK:BEPTF) and Otto Energy Limited (ASX:OEL) (PINK:OTTEF).

	ABN Newswire To Exhibit At Excellence In Oil And Gas 2010 MAR 24, 2010 17:00 - Article Views: 4,878 On April 19th and 20th at the Hilton Hotel in Sydney, ABN Newswire will be among many in Australia's booming investment community present at the 5th Annual Excellence in Oil and Gas 2010 Exhibition.

	Otto Energy Limited (ASX:OEL) Commences A 2D Seismic Program In SC 69, Philippines MAR 24, 2010 16:09 - Article Views: 1,669 Otto Energy Limited (ASX:OEL) (PINK:OTTEF) advises that it has commenced a 2D seismic data acquisition program in Service Contract 69 (SC 69) in the Visayan Basin of the Republic of Philippines.

	Otto Energy Limited (ASX:OEL) Announce The Completion Of Erdine Gas Plant System And A Turkey Exploration And Development Update MAR 19, 2010 14:10 - Article Views: 1,645 Otto Energy Limited (ASX:OEL) (PINK:OTTEF) is pleased to advise that the construction of the Edirne Gas Plant System has been completed. Gas sales will commence following completion by BOTAS, the state-owned pipelines and trading company in Turkey, of a hot tap on its 14" main line to create the delivery point for the Edirne gas. The Joint Operators are in the process of retrofitting the hot tap fitting to accommodate Botas' requirements.

	ABN Newswire Stocks to Watch: February 16, 2010 FEB 16, 2010 11:00 - Article Views: 4,305 ABN Newswire tocks to watch today include: Galaxy Resources Limited (ASX:GXY) (PINK:GALXF), Environmental Clean Technologies Limited (ASX:ESI), Republic Gold Limited (ASX:RAU), Conquest Mining Limited (ASX:CQT) (PINK:CQMLF), Beach Energy Limited (ASX:BPT) (PINK:BEPTF), AusTex Oil Limited (ASX:AOK) (PINK:ATXDF) and Otto Energy Limited (ASX:OEL).

	Otto Energy Limited (ASX:OEL) Updates On Phase 2 Drilling Program In The Erdine Licence, Turkey FEB 15, 2010 15:45 - Article Views: 2,348 Otto Energy Limited (ASX:OEL) provides an update on its Phase 2 exploration drilling program in the Edirne Licence, Turkey. The Phase 2 drilling program incorporates up to seven exploration and appraisal wells, which includes the previously advised Kumluk and Kartal wells.