OPERATIONS

Otto carries on despite rough waters

OTTO Energy produced 263,537 barrels of oil equivalent for the June quarter from its Gulf of Mexico projects and reported revenue of US$10.8 million.

Jonathan Davidson
Company produces 263,356boe for quarter

Company produces 263,356boe for quarter

The split between liquids and gas was 58%-42%.  Otto's revenue count in the prior March quarter is reported at US$5.34 million, indicating a twofold rise in the value of reported revenue compared to...

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