Preheat oven to 375°F / 190°C

1. Bring 2 cups water to a boil.
2. Remove from heat and stir in oats and 1.5 tablespoons butter.
3. Mix dry yeast with 0.25 cup lukewarm water. Stir until dissolved and add molasses, salt and the oatmeal mixture.
4. Stir thoroughly and add flour. Knead for 8 minutes.
5. Allow to rise until doubled in bulk. Mold into a loaf and place in a greased loaf pan.
6. Let rise in a warm place covered with a towel until doubled in size.
7. Bake for 35 minutes.