Otto ready to ink SC51 farm-out deal

OTTO Energy is close to completing a farm-out agreement for the drilling of the onshore Duhat-1 exploration well on the island of Leyte in SC51, Philippines.

Otto ready to ink SC51 farm-out deal
Otto ready to ink SC51 farm-out deal
Otto ready to ink SC51 farm-out deal
Otto ready to ink SC51 farm-out deal
Otto ready to ink SC51 farm-out deal

In April, the company said it had received a number of expressions of interest for its 80%-held SC51 and was hopeful of securing a partner this year.

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