OEL 12.5% 0.9¢ otto energy limited

Ann: Quarterly Activities and Cashflow Report , page-11

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    Carabaea

    In view of the fact that I've seen estimate reserves of between 100 to 150 Bcf, I certainly would not like to see Otto drop Italy without further research.

    That said, development approvals in Italy often progress at a snail's pace. I also thought that any decision to drill a second well in the Po Valley rested on a minimum find of 10 Bcf of gas from the first well.
 
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