OPERATIONS

Otto suspends Green Canyon-21 well

AFTER a month of operational challenges Otto Energy has decided to suspend its Green Canyon-21 well and demobilise the drilling rig, with plans to reach first production delayed until next year.

Otto suspends Green Canyon-21 well

The Australian company operates in the US Gulf of Mexico where wild weather forced multiple oil and gas operations to shutter in recent weeks. Otto told the market it had made the decision after a loop...

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