Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%
Lithium
43.71
(0.34%)
Gold
2,745.30
(0.14%)
Copper
4.37
0.03%
Oil
68.73
(0.36%)
Bitcoin
67,872.98
(0.1%)
FTSE 100
8,248.80
(0.25%)
Nikkei 225
38,555.06
2.11%
Dow Jones
42,114.40
(0.85%)
Iron Ore
104.05
2.89%
USD/AUD
0.66
0.03%
Hang Seng
20,590.15
0.33%

Otto Energy (ASX: $OEL) requests trading halt for SM 71 well results

Otto Energy trading halt announcement


Otto Energy (ASX:OEL) has initiated a trading halt on its shares starting 28 October 2024. The halt is pending an upcoming announcement regarding the drilling and casing results of the F5-ST Bypass Well at SM 71, where the company holds a 50% working interest and a 40.625% net revenue interest. This trading pause will last until the announcement is made or normal trading resumes on 30 October 2024.

Otto Energy announcement summary and outlook


Otto Energy has requested a trading halt as it awaits critical drilling results from the F5-ST Bypass Well at SM 71. The company, holding a significant stake in this project, anticipates that these results will have a substantial impact on its operations. The trading halt is in compliance with ASX Listing Rule 17.1 and will remain in place until the announcement is released or trading resumes on 30 October 2024. This decision underscores the importance of the SM 71 project in Otto Energy's portfolio, potentially affecting its future strategies and market positioning.

Otto Energy executive commentary


The request for the trading halt was submitted by the Company's Board and authorized by the Company Secretary, Kaitlin Smith.

OTTO ENERGY LIMITED
OEL | ASX | Energy
0.0110(+0%)
At close 25/10 (AEDT)
Market cap
$57.5M
Volume
3,490,095
DY Yield
0.6154
PE Ratio
52 Week Range
0.01 - 0.019
1YR Return
N / A

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