Otto Energy (ASX: OEL)
Otto Energy Limited is an oil and gas exploration and production company with a regional focus on North America. We currently have petroleum assets in Alaska, Louisiana and Tanzania.
Established in 2004, the company has continuously grown over recent years through a mix of acquisitions and discoveries resulting in our current portfolio. The divestment of the Galoc oil field in 2015 has provided a strong balance sheet for Otto to continue funding its growth projects.
It is Otto’s objective to develop a robust and substantial E & P company through maximising the value of existing assets and developing a balanced portfolio of exploration, development and production opportunities.
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