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Otto ups Galoc reserves

SHARES in Otto Energy edged higher yesterday after the company announced a 78% increase in its sh...

Marija Stojkovic

The company said its share of proven (1P) reserves rose 78% to 690,000 barrels of oil equivalent, up from 390,000boe recorded at June 30, 2010. Proven plus probable (2P) reserves also increased, by...

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