Otto Energy Ltd.
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About
Otto Energy Ltd. is an oil and gas exploration and production company with a regional focus on North America. The company currently has petroleum assets in Louisiana and Alaska.
Established in 2004, the company has continuously grown over recent years through a mix of acquisitions and discoveries resulting in our current portfolio. The divestment of the Galoc oil field in 2015 has provided a strong balance sheet for Otto to continue funding its growth projects.
It is Otto’s objective to develop a robust and substantial E&P company through maximizing the value of existing assets and developing a balanced portfolio of exploration, development and production opportunities.
Transactions
Australia’s Otto Energy Acquires Interest in South Texas Wells
Australia’s Otto Energy Acquires Interest in South Texas Wells
Otto Energy Buys Into Talos’ Bulleit Oil Discovery In US Gulf Of Mexico
Otto Energy Buys Into Talos’ Bulleit Oil Discovery In US Gulf Of Mexico
Otto Energy Forms US Gulf Coast JV With Hilcorp
Otto Energy Forms US Gulf Coast JV With Hilcorp
Red Emperor, Otto Energy, 88 Energy To Acquire Alaska North Slope Prospect
Red Emperor, Otto Energy, 88 Energy To Acquire Alaska North Slope Prospect
Otto Acquires Borealis Petroleum, Gains Entry Into Alaskan North Slope
Otto Acquires Borealis Petroleum, Gains Entry Into Alaskan North Slope
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News
Australia’s Otto Energy Acquires Interest in South Texas Wells
Otto Energy agreed to participate in two exploration prospects located onshore Texas in Colorado and Lavaca counties testing the Wilcox play.
Hilcorp Energy Flows Gas From Texas Gulf Coast Well
Otto Energy CEO Matthew Allen now believes there is potential to significantly improve the “already large gas and condensate accumulation” in the Lightning Field onshore Texas in Matagorda County.
Byron Energy Updates Gulf Of Mexico Drilling Campaign
Byron Energy Ltd. provided an update on the current status of the proposed South Marsh Island (SM71) F4 well on Jan. 21.
Otto Energy Confirms Bulleit As Commercial Discovery
The current development plan is a subsea tieback to the Talos-operated Green Canyon 18 platform.
Otto Energy Buys Into Talos’ Bulleit Oil Discovery In US Gulf Of Mexico
Australia-based Otto Energy farmed into Talos Energy’s “Bulleit” oil discovery, which a company exec said compliments Otto’s growth strategy in the U.S. Gulf of Mexico.