Proactive Investors - Run By Investors For Investors

Otto Energy to reveal farm-in

Otto Energy to reveal farm-in

Otto Energy (ASX:OEL) is readying to reveal details of a farm-in transaction, with the ASX granting the company a trading halt to prepare.

No further details have yet been released.

The company did recently acquire Borealis Petroleum Pty Ltd, which has access to a substantial acreage position in onshore Alaskan North Slope.

The halt will last until the opening of trade on Monday 14th December 2015, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

View full OEL profile View Profile

Otto Energy Ltd Timeline

Newswire
December 10 2015
Newswire
October 02 2015
Newswire
July 20 2015

Related Articles

Gas flare
May 22 2019
The group is in the middle of a three well programme to explore the A1 prospect, close to the original Tendrara discovery
oil well
May 02 2019
US Oil & Gas has submitted an application to frack the Eblana-3 well along with a hydrogeology report.
1558611905_EQTEC.jpg
May 23 2019
Here Proactive takes a closer look at green technology group EQTEC PLC (LON:EQT)

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use