Otto Energy (ASX:OEL) CEO Paul Moore Speaks at Resourceful Events Oil and Gas
Sydney, April 29, 2010 (ABN Newswire) - FINANCE VIDEO: Otto Energy (ASX:OEL) CEO Paul Moore Speaks at Resourceful Events Oil and Gas.
Otto Energy Ltd. is a dynamic, rapidly growing oil and gas company that in four short years has assembled a balanced portfolio of international exploration and development assets. Headquartered in West Perth, Australia, the company is listed on the Australian Securities Exchange (ASX) under the code 'OEL'.
Otto aims to create shareholder wealth through participating in quality projects, and pride ourselves on operating in a socially and environmentally responsible manner in all we do. Otto is proud to be a partner, investment, employer and client of choice
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About Otto Energy Limited
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.
Otto Energy Limited