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OTTO ENERGY LIMITED (OEL)

Click here for free access to this company's:
ASX, Legal & CGT Status

Former (or subsequent) names

 FROMTO
OTTO ENERGY LIMITED23/08/2006
OTTOMAN ENERGY LIMITED23/08/2006

Shareholder links

Our website ranking of OEL: rating 5
(5 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Link Market Services Perth
Level 12 QV1 Building 250 St Georges Terrace Perth WA 6000
Tel : +61 8 9211 6670 or 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000OEL3
Address: Ground Floor 70 Hindmarsh Square Adelaide SA 5000
Tel:  08 6467 8800Fax: 08 6467 8801

Date first listed: 22/12/2004

Sector: Energy Industry Group: XEJ
Activities: Oil and gas exploration

News & Events

Expand this box to read and print

The suspension of trading in the securities of Otto Energy Limited will be lifted immediately following the release by OEL of an announcement regarding drilling results.

22/10/2024

SM 71 F5-ST well has been drilled and logged to 7,297 feet Measured Depth. 133 feet of True Vertical Thickness net hydrocarbon pay was intersected in the primary D5 sand interval. 22 feet of TVT net hydrocarbon pay was intersected in the secondary I3 sand interval and 13 feet of TVT net hydrocarbon pay was intersected in the I2 sand. While pulling out of the well after drilling and logging, the drill pipe and Bottom Hole Assembly became stuck in hole. A Bypass well has been proposed to redrill the I2, I3 and D5 sand intervals and Otto has elected to participate in this activity.

22/10/2024

The securities of Otto Energy Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of OEL, pending the release of an announcement regarding drilling results.

21/10/2024

The suspension of trading in the securities of Otto Energy Limited will be lifted immediately, following the release by OEL of an announcement regarding the Bulleit appraisal well.

21/05/2019

The Bulleit appraisal well in Green Canyon 21 has drilled through the DTR-10 sands and reached the intermediate casing point at 10,615 feet measured depth. LWD data has been acquired through the DTR-10 sand target indicating the DTR-10 sand section is well developed and oil bearing at this location.

21/05/2019

Production and sales of gas and condensate have commenced from the Lightning field. Field will be commissioned over an initial 60 day period to establish steady state production and monitor field performance.

20/05/2019

The securities of Otto Energy Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of OEL, pending the release of an announcement regarding an update on the drilling of its Green Canyon 21 "Bulleit" well.

17/05/2019

The suspension of trading in the securities of Otto Energy Limited will be lifted immediately, following the release by OEL of an announcement.

15/10/2018

The SL 192 PP 31 well on the Big Tex prospect has been drilled to total depth where detailed logs, including high resolution tools, and sidewall cores have been acquired. Despite strong hydrocarbon indications on mud logs, insufficient producible reservoir was encountered to justify setting production casing. The well is currently being plugged and abandoned as a sub-commercial well.

15/10/2018

The securities of Otto Energy Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of OEL, pending the release of an announcement regarding a drilling update.

12/10/2018

we understand that on or about this date the company made a capital return of 5.64 cents per share

12/06/2015

The suspension of trading in the securities of Otto Energy Limited (the "Company") will be lifted immediately, following the release of the Company" announcement clarifying media speculation around service contract 55 licence in the Republic of Philippines. Security Code: OEL

15/04/2013

Otto Energy Limited (ASX code: OEL) ("Company") wishes to request an extension of the voluntary suspension in its securities.The reason for the voluntary suspension is to allow the Company to prepare an announcement for release to the ASX to respond to media speculation concerning exploration activities in Service Contract 55 and obtain clarification from the Operator regarding securing key approvals to commence drilling of the Cinco-1 well.It is expected that the Company will be able to provide a release to the market by 13 April 2013 to respond to these items.We expect that the voluntary suspension will be ended by the Company making an announcement of the kind referred to above.

10/04/2013

The securities of Otto Energy Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: OEL

08/04/2013

shares reinstated to quotation

06/04/2009

shares suspended from quotation pending an announcement

02/04/2009

shares reinstated to quotation

20/03/2009

shares suspended from quotation pending an announcement

19/03/2009

shares reinstated to quotation

29/10/2007

shares suspended from quotation pending an announcement

26/10/2007

shares reinstated to quotation

25/07/2007

shares suspended from quotation pending an announcement

23/07/2007

name changed from Ottoman Energy Limited

23/08/2006

 

Click here for free access to this company's:
ASX, Legal & CGT Status

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    Click here for free access to this company's:
    ASX, Legal & CGT Status

    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    24/03/2021Michael Utsler5,000,000$0.009$45,000
    20/04/2020Kevin Small24,743,353$0.006$148,460
    12/04/2019Kevin Small2,325,378$0.056$129,989
    08/04/2019Kevin Small5,674,622$0.055$310,969
    20/02/2019Kevin Small926,043$0.064$59,267

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Paul SenyciaDeputy Chairman24/04/2018
    Phil TrajanovichInterim CEO08/07/2024
    Julie DunmoreCFO20/12/2023
    Justin ClyneIndependent Director21/10/2024
    Geoff PageInterim Chairman20/07/2020
    Kaitlin SmithCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    John MaddenNon Exec Director03/07/202221/10/2024
    Steve HerodCEO20/06/202308/07/2024
    John JetterNon Exec Chairman12/12/200730/06/2024
    Sergio CastroCFO17/12/201920/12/2023
    Michael UtslerExecutive Chairman, CEO11/09/202020/06/2023
    Kevin SmallExecutive Director29/01/201930/04/2021
    Matthew AllenManaging Director, CEO24/02/201411/06/2020
    Ian BoserioChairman02/09/201002/04/2020
    Ian MacliverDirector07/01/200421/11/2019
    David RichCFO31/01/201701/11/2019
    Craig HassonCFO26/02/201428/02/2017
    Rick CrabbChairman19/11/200425/11/2015
    Rufino BomasangNon Exec Director21/08/200625/11/2015
    Gregor McNabCEO24/02/2014

    Date of first appointment, title may have changed.