I would expect a ramping up of Otto Energy Limited (OEL) shares...

  1. 249 Posts.
    I would expect a ramping up of Otto Energy Limited (OEL) shares in the next couple of weeks.

    * Drilling at Po Valley, Italy begins "Middle of May"

    * A highly prospective resource with potential reserves exceeding 100 BCF of natural gas (ASX ann 30th Dec)

    * Oil spot price at month high and increased overnight

    On commencement of the drilling prospect the share price will almost certainly jump (as with most oil and gas company's...look at Karoon Gas (KAR)!!!)

    Add it to your watchlist to keep an eye on this one!
 
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