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BRIEF-Otto Energy Says Qtrly Oil Sales Totalled 127,940 Bbls

Published 29/04/2019, 02:23 pm
© Reuters.  BRIEF-Otto Energy Says Qtrly Oil Sales Totalled 127,940 Bbls
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April 29 (Reuters) - Otto Energy Ltd OEL.AX :

* OIL AND GAS SALES FOR QUARTER TOTALLED 127,940 BBLS OF OIL AND 303,790 MSCF OF GAS

* OTTO RECEIVED CASH FROM SALES OF ITS SHARE OF OIL AND GAS FOR QUARTER OF US$7.7 MILLION BEFORE ROYALTIES AND OPERATING COSTS

* FOR 3-MONTHS, CO EXPECTS TO CONTINUE TO RECEIVE SUBSTANTIAL CASH FLOWS FROM SALE OF STEADY STATE PRODUCTION

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