Otto puts Italian well on back burner

OTTO Energy has pushed back the drilling of its Gazzata-1 onshore gas exploration well in Italy's Po Valley until mid-March.

Otto puts Italian well on back burner Otto puts Italian well on back burner Otto puts Italian well on back burner Otto puts Italian well on back burner Otto puts Italian well on back burner

It said the delay would allow production at the Galoc oil field in the Philippines to be restarted, providing more certainty to its financial position before it started drilling the Italian well.

loader