Articles On Otto Energy (ASX:OEL)

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...

Australia’s next pure rare earths producer Hastings Technology Metals Limited (ASX: HAS) has appointed Mr Matthew Allen as chief financial officer, with effect from 1 February 2021. Mr Allen will be based in Hastings’ head office in Perth,...

The company is fully funded and ready to participate in the Talitha Oil & Gas Project, which it believes has enormous potential.

The Byron Energy Ltd (ASX: BYE) share price plummeted 8.82% to 15.5 cents today before recovering to 16 cents at the time of writing. This came after the company announced that it had evacuated 2 assets in the gulf of Mexico. What was in t...

A quick wrap of the ASX’s key winners and losers on Thursday, September 3. Data is taken after the market closes at 4pm AEST. Stocks highlighted in yellow made market-moving announcements during the day. Today 847 stocks rose, 575 declined...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

A quick wrap of the ASX’s key winners and losers on Wednesday, August 5. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 681 stocks rose, 607 declined and...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

With less than a month to go of the 2019-20 financial year, time is running out for share market investors to minimise their tax bill. One way is by selling stocks investors have made a loss on and claiming them as an offset against any cap...

Sometimes ASX small caps end up going going private again and Latin American car classifieds site Latam Autos (ASX:LAA) did just that on Friday, but not before Mike Fitzpatrick bought nearly $3m in a rights issue. Fitzpatrick is best known...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve keen keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

You ‘can’t give it away’ – US oil prices go negative The headlines paint a nasty picture for oil prices right now. The problem is that storage options are running out. As the world has stopped, the oil producers haven’t. They have made some...

On Monday the US oil price dropped to its lowest point in 21 years, and at least one ASX-listed company is looking at shutting its American oil fields as a result of the ongoing low prices. Eon NRG (ASX:E2E) chief financial officer Simon Ad...

By Rudi Filapek-Vandyck, Editor FNArena Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For the purpose...

Chinese oil demand is about to ramp up as its refiners get back to work, but that growth is being capped by the large slowdown in exports. Fuel producers are about to lift the amount of crude oil they use by 755,000 barrels per day (bopd) i...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by selling stocks you do not actually own in the hope of bu...

There’s been many catalysts for low oil prices including the coronavirus and the trade war between Saudi Arabia and Russia. And the fallout from this has been an epic supply glut never before seen in history, which in turn has led to a mass...

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by selling stocks you do not actually own in the hope of bu...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The only South African domiciled and dual listed ASX stock, Renergen (ASX:REN), just announced a supply agreement for its LNG project. Local freight shipper Bulk Hauliers International Transport (BHIT) has agreed to buy LNG from Renergen to...

Coronavirus is behind the slump in oil prices over the last month, as Chinese demand collapses and hedge funds sell that news. Oil demand in China has fallen by 20 per cent or about 3 million barrels a day, according to data from Bloomberg....

Just what impact will China’s agreement to increase the value of its energy imports from the US by $US52.4 billion ($76.2 billion) under their phase trade deal have on the oil market? Not very much if global consultancy Wood Mackenzie is to...

FAR Limited (ASX:FAR) and its joint venture partners, which include operator Woodside Petroleum (ASX:WPL), have given the green light to developing their Sangomar oil field offshore Senegal. The first phase is expected to produce a total of...

Volpara (VHT), Nanosonics (NAN), Acrow Formwork (ACF), South32 (S32), Orocobre (ORE) Crude oil, Otto Energy (OEL), Senex Energy (SXY) and Karoon Energy (KAR).

A new year brings a new raft of developments from Australia’s small cap oil and gas companies, which have operations not only locally but also in other parts of the world. It can be a little overwhelming given the sheer number of wells, tie...

Otto Energy (OEL) has completed drilling at the Green #2ST well at the Lightning prospect in Texas U.S.-based Hilcorp Energy is operating the well and is a joint venture partner at the project Hilcorp holds a 62.5 per cent interest, with O...

Otto Energy (ASX:OEL) could soon have substantial additional production at the Lightning gas and condensate field in Texas once operator Hilcorp Energy completes the Green #2ST well for production. Green #2ST intersected 146 feet of pay ove...

Oil and gas explorer Red Emperor Resources (ASX: RMP) has inked a deal to acquire up to a 70% stake and the right to operate a large offshore oil and gas block in the shallow waters of Western Australia’s North Perth Basin. The junior today...

Experts are beginning to whisper a new name as the primary global oil market mover and it’s not OPEC, but China and its demand for hydrocarbons. An analysis from energy site Oil Price suggests oil prices, specifically the North Sea benchmar...

Diversified Explorer, 88 Energy Limited (ASX, AME: 88E) is a dual listed firm that operates/manages four active exploration projects, spread across ~250,000 net acres, in the Alaskan North Slope, named as: Project Icewine Unconventional, Pr...

Buru Energy (ASX:BRU) looks set to boost its oil production with the company completing a third lateral (horizontal) from its Ungani-7H production well in the Canning Basin, Western Australia. Once this lateral is completed, the company wil...

Energy sector player, Sun Resources NL (ASX:SUR) is focused on identifying oil & gas development asset opportunities that could deliver oil production in the near term. The company, which is based in West Perth, Australia, has a convent...

On Stockhead today: are semiconductors about to pick up again, California’s first pot cafe opens, biotech losers’ remarkable comeback, and angel investment firm Investible closes with $22m round. But first:   The day ahead Today the Austral...

Woodside Petroleum, Comet Ridge, Carnarvon Petroleum, Otto Energy, Senex Energy, Fortescue Metals Group, Treasury Wine Estates, Origin Energy, Adelaide Brighton, Paladin Energy.

In the three months since Stockhead last looked at the performance of equity capital market firms – the market has seen several more deals and a couple of acquisitions. In June, Shaw and Partners revealed it was acquiring DJ Carmichael and...

The joint venture expects to develop the GC21 Bulleit discovery as a subsea tieback to the GC18A facility.

Oil and gas junior Otto Energy (ASX: OEL) has announced its Bulleit appraisal well in the US Gulf of Mexico is being suspended as a future producer after hitting more oil pay in the deeper target sands. According to the company, its Texas-b...

Otto Energy (ASX:OEL) and its joint venture partners have hit oil paydirt in the Gulf of Mexico, but it will cost a few million dollars more than expected due to a few hiccups along the way. Drilling of the Green Canyon 21 (GC 21) “Bulleit”...

The life insurance market is going through a period of consolidation and has seen a number of mergers such as AIA with Sovereign, Cigna with One Path and so on and so forth. Let’s take a quick look at 4 insurance stocks trading on ASX. Insu...

One of the biggest annual mass migrations of junior mining and exploration company CEOs to warmer climes is about to take place. They are off to the Noosa Mining & Exploration Investor Conference where delegate registrations are said to...

In this week’s recap of substantial holders, a Dubai executive bought into Prospect Resources (ASX: PSC), Salt Funds Management sold $8.3 million of Monash IVF (ASX: MVF) and a tin company raised $20 million to save itself from the ‘three-y...

In this week’s recap of substantial holders, Jamie Pherous bought a 5.3 per cent stake in State Gas for $4.9m, Lombard Odier bought more of Salt Lake Potash, and Regal sold out of Visioneering Technologies and increased its stake in Nickel...