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Otto subsidiary named preferred bidder for exploration contract

West Perth oil and gas exploration firm Otto Energy Ltd subsidiary NorAsian Energy Ltd has been ranked as preferred bidder for an exploration service contract covering 7,440 sqkm, covering the Visayan Basin in the Philippines, the company has announced.

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Otto Energy (OEL)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/19

1 year TSR5 year TSR
231stEon NRG0%-27%
366thMatsa Resources-18%-1%
421stOtto Energy-27%-2%
447thBuru Energy-30%-33%
790thCape Lambert Resources-75%-26%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

21/12/18
$0 Issued
21/12/18
$0 Issued
21/12/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

57th↓Otto Energy$13.0m
58th↑Buru Energy$12.7m
60th↑Matsa Resources$11.7m
62nd↑Cape Lambert Resources$11.3m
63rd↑Eon NRG$9.2m
509 listed resources companies ranked by revenue.
Source: Morningstar

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