Otto Energy (ASX: OEL) has come out of a trading halt to announce a significant hydrocarbon discovery within the South Marsh Island 71 (SM71) lease in the
Otto Energy (ASX:OEL) has temporarily suspended operations at its Green Canyon 21 (GC21) well in Mexico following "operational challenges" in the area.
A promising gas discovery revived interest in Buru Energy (ASX: BRU) earlier this week – delivering a 30% share-price rise in the latest example of investors returning to the politically incorrect oil and gas sector, a move which iron ore billionaire Gina Rinehart successfully made late last year.