Tag: OEL
Otto Energy strikes more oil in Gulf of Mexico
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 sand...
Otto Energy hits oil in Gulf of Mexico well, starts gas production at Lightning
Oil and gas junior Otto Energy (ASX: OEL) has announced its Bulleit appraisal well in the US Gulf of Mexico has hit oil in the shallower target sand.
The company resumed trading on the ASX today up...
88 Energy, Otto and Red Emperor Resources hit potential pay zones at Winx-1
Junior explorer 88 Energy (ASX: 88E) and its consortium partners Otto Energy (ASX: OEL) and Red Emperor Resources (ASX: RMP) will progress to wireline activities at the Winx-1 exploration well in Alas...
Otto Energy strikes oil and gas at Lightning on US Gulf Coast
Oil and gas explorer Otto Energy (ASX: OEL) is rejoicing in the discovery of hydrocarbons at an exploration well recently drilled on the Lightning oil and gas prospect on the US Gulf Coast.
The com...
Spud date at Winx-1 looms for 88 Energy and Alaskan partners following permit green light
Junior explorer 88 Energy (ASX: 88E) and its consortium partners Otto Energy (ASX: OEL) and Red Emperor Resources (ASX: RMP) are gearing up to spud the Winx-1 exploration well after receiving drilling...
Byron Energy reveals new oil and gas prospects in Gulf of Mexico as output hits million-barrel mark
Oil and gas junior Byron Energy (ASX: BYE) has revealed several new low-risk development opportunities and prospects at one of its offshore joint venture projects in the US Gulf of Mexico.
The comp...
88 Energy, Otto and Red Emperor line up Alaskan Western Blocks well spud for next month
Junior oil explorer 88 Energy (ASX: 88E) and its consortium partners Otto Energy (ASX: OEL) and Red Emperor Resources (ASX: RMP) are on track to drill a maiden well next month at their newly acquired ...
Byron Energy bounds to top oil producing spot on Gulf of Mexico shelf, advances well spud plans
Oil and gas junior Byron Energy (ASX: BYE) is making great strides in the US Gulf of Mexico, with one project now bumping up to the top spot for oil production on the Gulf’s shelf and rolling plans to...
Otto Energy starts drilling Big Tex oil well in US Gulf Coast
Oil explorer Otto Energy (ASX: OEL) has started an eight well drilling program across the US Gulf Coast, with the Big Tex exploration oil well the first off the rank and expected to take 55 days to re...
88 Energy, Otto and Red Emperor farm into large Alaskan oil prospect
A trio of Australia-based oil and gas explorers led by 88 Energy (ASX: 88E) have inked a farm-in deal to acquire four leases covering a large oil prospect on Alaska’s North Slope.
The company, alon...
Otto Energy taps into strong oil market sales revenues in the Gulf of Mexico
Oil production company Otto Energy (ASX: OEL) has provided an update regarding its ongoing operations at its flagship South Marsh Island Block 71 in the Gulf of Mexico — to the delight of its sharehol...
Byron Energy and Otto Energy cheer first oil from Gulf of Mexico development
Oil and gas explorers Byron Energy (ASX: BYE) and Otto Energy (ASX: OEL) have cheered first oil production from their South Marshall Island Block 71 (SM71) development in the Gulf of Mexico.
The No...
Byron Energy to spud Gulf of Mexico well ahead of first production
Byron Energy (ASX: BYE) is on track to soon achieve first production from three offshore oil wells in the Gulf of Mexico, with plans to spud the final well next week.
The oil and gas explorer annou...
