OEL 7.69% 1.2¢ otto energy limited

edirne gas update

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    Below is an extract from Transatlantic petroleum news letter of 9th of March 2010.

    "The Company announced today that in February it completed construction of the Edirne gas gathering system in northwestern Turkey. Before gas sales commence from the Edirne field, BOTAS, the state-owned pipeline and trading company in Turkey, must conduct a hot tap on its 14-inch main line to create the delivery point for the Company's gas. The Company is retrofitting a component to accommodate the hot tap and expects to complete the installation near the end of March with gas sales commencing shortly thereafter."

    Hope this clears up any guessing and assuming.

    Roll on the Gas Sales.

    DYOR IMO
 
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