@ottoenergy.com
Otto Energy Limited is an oil and gas exploration and production company.
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About
Description
Otto Energy Ltd is a renowned brand in the energy sector, specializing in oil and gas exploration and production. With a strong presence in the Gulf of Mexico Basin, they operate in one of the most prolific hydrocarbon basins in the United States. This proven, large-scale basin has witnessed a cumulative production of 22,463 MMBbl and 191,774 Bcf, making it an ideal location for their operations.
What sets Otto Energy apart is their ability to deliver a premium product. The typical production in the Gulf of Mexico Shelf is Light Sweet Crude, which commands a US$2-5/Bbl premium to WTI in the domestic market. The company takes advantage of the low royalty rates and stable political environment in the region, ensuring efficient operations and attractive returns for their investors.
Committed to growth and value creation, Otto Energy follows a comprehensive three-pillar strategy that includes production, exploration/appraisal, and strategic initiatives. They have a dedicated team of experts, supported by a robust corporate governance framework, and regularly provide financial results, reports, and presentations to keep their investors informed. With offices in Houston, Texas, and Adelaide, Australia, Otto Energy ensures accessibility and effective communication with their stakeholders.
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Company Type
Public Company
Company Size
2-10
Year Founded
2006
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