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Otto Energy deal with Byron Energy

Elise ShawMarkets Online Editor
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Hartleys maintains a "speculative buy" recommendation on Otto Energy with a 12-month target price of 6¢ a share.

"Otto Energy Limited (OEL) has entered into an agreement with ASX listed Byron Energy (BYE) to farm into three leases in Louisiana and Gulf of Mexico.

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Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.
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    Original URL: https://www.afr.com/markets/equity-markets/otto-energy-deal-with-byron-energy-20151216-gloo6a