Otto Energy Ltd

Otto Energy is an oil and gas exploration and production company focused on the Gulf of America, operating a diversified portfolio of offshore and onshore assets to deliver steady revenue and growth for shareholders.

Otto Energy Ltd Share Price & Chart

About Otto Energy Ltd (ASX:OEL)

Otto Energy is a dynamic oil and gas exploration and production company strategically focused on the Gulf of America. With a clear mission to enhance shareholder value, the company operates across multiple offshore and onshore assets, maintaining a diversified portfolio of producing fields that generate steady revenue and growth potential.

The company’s strategic approach centers on three key pillars: delivering operational excellence in existing assets, maximizing organic growth opportunities, and identifying potential inorganic growth initiatives. Otto Energy has distinguished itself by leveraging technological expertise and strategic partnerships to discover and develop significant petroleum resources, including two of the twelve largest fields in the Gulf of America region.

Currently, Otto Energy holds working interests in several producing assets, including the Lightning Field (37.5% working interest, 2,172 boe/day), South Marsh Island 71 (50% working interest, 1,070 boe/day), Green Canyon 21 (16.7% working interest, 731 boe/day), Mosquito Bay West (30% working interest, 453 boe/day), and Oyster Bayou South (30% working interest, 274 boe/day). These assets demonstrate the company’s robust operational presence and commitment to sustainable energy production in the Gulf of America region.

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