Borealis Petroleum

Otto Energy Limited (ASX:OEL) has acquired 100% of the issued capital of Borealis Petroleum Pty Ltd to earn an interest, through staged capital injections, in a substantial acreage position on the highly prospective, oil prone, onshore Alaskan North Slope held by Great Bear Petroleum Operating LLC. Otto will now control Borealis Petroleum Pty Ltd and its subsidiary, Borealis Alaska LLC.
Bio last updated 28 Sep 2015

Past Employees

NamePositionYear StartedYear Ended
Cosimo Damiano Founder, Chief Executive20152015

Latest Mergers & Acquisitions Deals

AnnouncedBidderTargetTransaction TypeTotal Value
06/08/15Otto EnergyBorealis PetroleumAsset Acquisition$1.2m>>

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