MARKETS

K1 Capital strong on Otto 

 FOLLOWING the success of the drilling of its South Marsh-71/F3 well, and high returns anticipated from its first US production project, K1 Capital says Otto Energy's Gulf of Mexico oil production profile has strong potential.

Carmen Allan-Patale
 Otto's Matthew Allen

Otto's Matthew Allen

K1 said Otto was on track to produce about 1800 barrels of oil equivalent per day by next financial year, including oil from its SM 71 Gulf of Mexico oil project with operator Byron Energy, which will...

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