EXPLORATION

Otto looks to Tanzania booster

OTTO Energy is looking to two frontier exploration wells onshore Tanzania this year and next to provide a booster for the company – and it is well funded to do this.

Anthony Barich

Having inked a farm-out deal with independent Red Emperor Resources for a 15% working interest in the offshore Philippine block SC55, Otto is now fully funded to drill the Hawkeye-1 exploration well, has...

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