OEL 0.00% 1.2¢ otto energy limited

sc55 leads with bhpb.. billion barrels plus

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    you have a "mid case" of 5.3 billion barrels, i'll even settle for "low case" 1.2 billion barrels.

    SC55 covers an area of 9,000 km2 and has never previously been held as an exploration block. With the interpretation of 2D seismic data now complete, Otto is seeking farm-in parties for a 3D seismic survey a deepwater exploration drilling program over Marantao and possibly Hawkeye prospects. A deep water block with massive reef and turbidite reservoir potential with Direct Hydrocarbon Indicators, Marantao has prospective resources of 3.3 tcf gas or >1 billion bbls oil, with a number of further leads for follow up.


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