|
Meet our sponsors
If you would like to stand out from your competitors and get REAL results of highly targeted marketing, contact us now to find out more on the sponsorship opportunities. Please contact
Junior Oil & Gas Sponsor:
About Otto Energy
Based in Perth, Australia, Otto Energy Limited is an international exploration and production company that in four short years has assembled a balanced portfolio of oil and gas assets in the Philippines, Turkey, Italy and Argentina.
As of mid 2008, Otto will begin to receive cash flow from production at the Galoc Oil Field in the Philippines – the first oil development in the Philippines since 1992. The revenue from Galoc will be used to fund further development and exploration across all of the company's highly prospective assets in Philippines, Turkey, Italy and Argentina.
Otto Energy is opportunity rich with an exploration portfolio that includes additional discoveries that are under development, approximately 20 drillable prospects covered by new 3D seismic and well over 60 exploration leads which are being matured as follow up potential. Consequently, Otto plans to drill a minimum of 12 exploration and appraisal wells in 2008‐2009.
Otto is a publicly listed company on the Australian Securities Exchange (ASX) with the code "OEL".
|