Otto says SM71 F4 targets too small to participate

JUNIOR explorer Otto Energy told the market this morning it elected not to participate in drilling the South Marsh 71 F4 exploration well due to fears the reservoir would not hold enough oil.

Otto says SM71 F4 targets too small to participate Otto says SM71 F4 targets too small to participate Otto says SM71 F4 targets too small to participate Otto says SM71 F4 targets too small to participate Otto says SM71 F4 targets too small to participate

 

Yesterday Byron announced it would go it alone at the South Marsh 71 F4 well, and fund drilling itself, after receiving confirmation from Otto it would not take a stake in the well.