Hawkeye, which will begin in late July and take about 23 days to complete. An ultra-deepwater drillship, Maersk Venturer is among the most modern and advanced drillships in the world. The size of the project along with Otto’s significant investment could be a company-changing event. Many believe the Hawkeye well has tremendous earning potential, as success there will unlock significant new amounts of hydrocarbon in the area. However, Otto is also looking for other new opportunities as well.
