Byron eyes GoM upside

MOVING on from the failed South Timbalier 224 exploration well, Otto Energy is cracking on at the Byron Energy-operated South Marsh 71 in the Gulf of Mexico, with further drilling to start imminently having completed near-term production from the B65 sand.

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SM71 platform.

The F2 appraisal well at SM71 was cased to a depth of 7700ft, 130ft below the base of the B65 sand, having encountered four discrete hydrocarbon bearing sands, including B65 and D5.