EXPLORATION

Gulf pair make discovery

OTTO Energy and Byron Energy have finally had some success, with the pair's second well in the shallow waters of the Gulf of Mexico encountering a promising 45 metres of gross hydrocarbons.

The SM-71-1 well will now be completed for production. The well, in the South Marsh Island Block 71, offshore Louisiana, reached a total depth of 2086m and encountered 6m in the i3 Sand, 9M in the J...

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