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Otto Energy to raise $68m for Philippines oil field

West Perth-based oil explorer Otto Energy Ltd has struck a deal to acquire an 18 per cent interest in a Philippines oil field that is set to enter production in April next year.

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Otto Energy (OEL)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/18

1 year TSR5 year TSR
78thSundance Resources67%-46%
110thOtto Energy47%-1%
362ndPilbara Minerals-3%127%
368thBuru Energy-4%-31%
669thTriangle Energy Global-49%-20%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

29/08/18
$127k Issued
29/08/18
$35k Issued
29/08/18
$4k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

55th↑Pilbara Minerals$15.3m
56th↑Triangle Energy Global$13.8m
57th↓Otto Energy$13.0m
58th↑Buru Energy$12.7m
59th↑Sundance Resources$12.4m
512 listed resources companies ranked by revenue.
Source: Morningstar

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