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Odin hints at oil action

DESPITE signs over the past 18 months that it would prefer to be in any industry other than the oil patch, with investments in Zambian copper, a waste to fuel project and an internet TV company, Odin Energy is in the process of raising $500,000 in convertible notes it says will be used to fund its Texas offshore operations and general working capital.

Haydn Black

Odin chairman Alex Bajada told Energy News that despite appearances, including noises the company would support the IPO of TV2U, Odin was not a fairweather friend and remained as interested in the oil...

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