EXPLORATION

Bulleit appraisal well has Otto confident

OTTO Energy (16.7%) advised the market this morning that the Bulleit appraisal well in its Green Canyon 21 license operated by Talos Energy has now drilled through the primary target sand.

 Green Canyon Platform. Gulf of Mexico. Image provided.

Green Canyon Platform. Gulf of Mexico. Image provided.

  Logging while drilling data was acquired once the well encountered the DTR-10 sand, which is the shallower target of the well, and found the sand is "well developed" logging 235 feet of gross pay...

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