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.
