Otto Energy Forms US Gulf Coast JV With Hilcorp
Transaction Type
Sellers
Buyers
Basin
US Gulf Coast/Gulf of Mexico
Announce Date
Post Date
Close Date
Estimated Price
$75.0MM
Description
To form JV to acquire a 37.5% WI in an eight-well portfolio of prospects in the onshore/near shore US Gulf Coast (GoM); estimated cost to Otto is $37.5 MM.