Focus on Gulf of Mexico
Why Otto Energy?
An emerging mid-tier oil and gas producer underpinned by cashflow to fund growth
Low cost oil producer generating significant cashflow - SM 71 free cashflow of
US$3m per month at US$70/bbl WTI
Significant activity - extensive exploration drilling campaign with at least 10
wells to be drilled over the next 18 months
High Probability of Success (POS) prospects - multiple opportunities to
materially expand reserves, production and cash flow
Strong financial position and production base to capitalise on additional
opportunities in line with strict investment criteria
Experienced exploration and commercial team with a track record of value
creation and risk management, complemented by quality project partners
OTTO ENERGY | ASX: OEL
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