Articles On Otto Energy (ASX:OEL)

Otto Energy (ASX:OEL) has kicked off production at the F5-ST Bypass well, operated by Byron Energy Inc. within the South Marsh Island 71 lease in the Gulf of Mexico. Production commenced on November 30, with the well averaging 1.2 MMscf/...

Otto Energy (ASX: OEL) has come out of a trading halt to announce a significant hydrocarbon discovery within the South Marsh Island 71 (SM71) lease in the Gulf of Mexico. Drilling intersected 40 metres true vertical thickness of net hydroca...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

We’ve all heard that “trend is your friend.” And who doesn’t like riding a trend? Trend or momentum trading involves buying a stock that has shown a significant movement in price or volume. Momentum traders believe that these trends will co...

King Energy looks to list Q1 2024 with the goal of progressing its 3H – hydrogen, helium and hydrogen – strategy First objective post IPO is the drilling of Richie gas-condensate field in Louisiana for early cash flow Infill seismic will t...

 The ASX 200 benchmark has climbed down from highs at lunch to finish on +0.39%. Health Care was well out in front of the market all day, thanks to a chunky bump for CSL. Voltaic Strategic Resources won the Small Caps Cup, rising 22.5% for...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Profit margin will be front and centre for investors in the upcoming earnings season Why investing in high profit margin companies is always a good bet We look at the top 20 highest profit margins for ASX small caps   Margin squeeze will...

Otto Energy (OEL) temporarily suspends operations at its Green Canyon 21 (GC21) well in Mexico following “operational challenges” in the areaThe company says weather events such as loop currents and Hurricane Ian in the Gulf of Mexico led i...

Otto Energy (OEL) has reported a boosted output from its 30-per-cent-owned Oyster Bay South and Mosquito Bay West wells in the Gulf of MexicoThe wells have a combined output of 2329 barrels of oil equivalent per day, up 33 per cent from the...

The ASX200 is down 0.24% dragged down by the tech sector Eight out of eleven sectors were lower, with Tech leading the losers CBA says the unemployment rate is at its lowest in 48 years   Despite creeping up earlier in the week the ASX 20...

Benchmark up circa 1%, small caps surge 1.5% Coal miners eclipsed by Whitehaven record profits Kincora Copper finds so much more copper The small cap S&P/ASX Emerging Companies (XEC) index and the benchmark S&P/ASX 200 (XJO) index...

Otto Energy (OEL) further validates its growth strategy after safely drilling the A0391 #1 well on the Oyster Bayou South prospect in Louisiana The A0391 #1 well has encountered 68 feet true vertical thickness (TVT) of net pay, which is c...

OttOtto Energy (OEL) reports an “excellent” net gas pay result from its Point Au Fer LLC 1 well at the Mosquito Bay West exploration prospect in Terrebonne Parish, Louisiana The well encounters a proved net gas pay of 111 feet true vertica...

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

The ASX Emerging Companies (XEC) is 1.1% higher on Thursday, while the boring old ASX200 (XJO) is 1.2% higher. Here’s my overnight summary – a brief cessation of hostilities; a momentary lapse of reason; and everyone just chilled for a seco...

Otto Energy (OEL) agrees to participate in two new exploration wells in Louisiana state waters, with spudding expected in May The Mosquito Bay West and Oyster Bayou South exploration wells will be drilled from a barge rig in about 2.7m of...

So basically, this is how I read it. Because of two really screwball takeover ideas involving the A2 Milk Co and AGL Energy —  two of the more screwball companies floating about on the benchmark index — the S&P/ASX200 is higher on Monda...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

Otto Energy (OEL) and its partners are preparing for production from the Vick #1 well, within the Eaves Prospect in Lavaca County, Texas The well is operated by Texan company, Forza Operating with OEL earning a 10.3 per cent working intere...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Otto Energy (OEL) agrees to participate in two onshore prospects in Texas The company has farmed into the Schindler Well for around $644,000 and the Eaves Well for roughly $147,000 using existing cash reserves Both wells are testing a regi...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The broader ASX continued its losing streak, shedding another 0.5% while the benchmark ASX 200 closed at 7,465 points, which is 2.2% lower than last Friday’s close. Health and consumer discretionary goods were rays of sunshine with gains of...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The 2021 financial year was one of contrasts for the oil and gas industry with low crude prices making life challenging for many ASX companies earlier in the year before a strong recovery improved conditions. Oil prices traded below the US$...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

ShareCafeHidden Gems Webinar Recap OEL, 1AD, HRZ & LRS Catch up on the full webinar with presentations from Otto Energy (ASX:OEL), AdAlta Limited (ASX:1AD), Horizon Minerals Limited (ASX:HRZ) & Latin Resources Limited (ASX: LRS). H...

ShareCafeA focus on the Gulf of Mexico Basin Presenter – Mike Utsler – Executive Chairman, CEO & Managing Director – Otto Energy Limited is an oil and gas exploration and production company with a regional focus on North America. A foc...

Crude oil prices have strengthened this week with the benchmark Brent oil now tracking above US$70 per barrel after OPEC and its associates expressed optimism about demand for the fossil fuel. Commonwealth Bank quoted Saudi Arabia energy mi...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Small caps have gained for a sixth straight day, even as their larger peers declined. The Small Ordinaries index of Australia’s 101st to 300th biggest companies finished the week up 6.7 points, or 0.2 per cent, to a fresh 13-year high of 3,...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

The ASX rose for the fifth day in a row with resources leading the charge. The ASX 200 gained 1.02 per cent closing at 6,999 points while the ASX Emerging Companies Index rose by 0.63 per cent to 2,059. All sectors were in the green but res...

Source: Vitalii Vodolazskyi, Shutterstock Summary Envirosuite has announced a record quarter for the period ended 31 March 2021, and the stock has shot up by 16 per cent to A$0.145. Otto Energy was up by 40 per cent yesterday, and tod...