Focus on Gulf of Mexico

Focus on Gulf of Mexico production and exploration Otto positioned in proven conventional play trends in the Gulf Coast and offshore TEXAS Beluga 37.5% WI MATAGORDA Lightning 37.5% WI Operator Hilcorp Energy Byron Energy OTTO ENERGY | ASX: OEL BRAZORIA LOUISIANA Don Julio 2 37.5% WI Oil Lake 37.5% WI Oligocene AVO Trend AMERON GALVESTON MBERS Mustang 37.5% WI -20m -10m Miocene Trend Tarpon 37.5% WI -30m 40m VR232 -50m 50% WI Pliocene Trend -60m ST MARY Mallard 37.5% WI ASSUMPTION VR Bivouac Peak S 40% WI SM71 Producing 50% WI PLAQUEMINES Big Tex 37.5% WI OTTOO ENERGY Portfolio of Gulf Coast Prospects Currently drilling 4

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