Otto Energy makes fourth discovery in Gulf of Mexico

Otto Energy makes fourth discovery in Gulf of Mexico

Estimated drilling costs blown out by Hurricane Barry

Exploration

08 AUGUST 2019
Otto onshore well hits 57ft pay

Otto onshore well hits 57ft pay

Thunder Gulch-1 a great success

Exploration

23 JULY 2019
Byron returns to platforms after Hurricane Barry

Byron returns to platforms after Hurricane Barry

Production to resume to normal levels within 24 hours

Production

17 JULY 2019
Otto joint venture make new commercial discovery

Otto joint venture make new commercial discovery

Petrophysical confirms 119 ft TVD oil pay

Exploration

13 JUNE 2019
Bulleit appraisal well has Otto confident

Bulleit appraisal well has Otto confident

Oil bearing sands encountered

Exploration

21 MAY 2019
Otto spins the drillbit in Gulf of Mexico

Otto spins the drillbit in Gulf of Mexico

Bulleit appraisal well spuds

Development

08 MAY 2019
Otto to spud Bulleit appraisal well

Otto to spud Bulleit appraisal well

Noble Don Taylor drillship on location

Exploration

02 MAY 2019
Otto spuds new Texas well

Otto spuds new Texas well

Work with Hilcorp continues after Lightning well adds nearshore campaign optimism

Exploration

01 MAY 2019
Otto completes placement and entitlement offer

Otto completes placement and entitlement offer

Raising funds for Green Canyon-21 well

Investment

02 APRIL 2019
Otto shaking the tin as it farms into another GoM lease

Otto shaking the tin as it farms into another GoM lease

First oil expected within 18 months

Exploration

29 MARCH 2019
Winx-1 a duster  

Winx-1 a duster  

Well to be plugged and abandoned, JV look to reprocess data 

Exploration

13 MARCH 2019
Otto's Gulf Coast exploration finds high condensate yield

Otto's Gulf Coast exploration finds high condensate yield

Second well a duster but oiler on track for 5000boepd by 2020 

Exploration

11 MARCH 2019