A Happy Shareholder - Thanks to Matt & Team

Thanks Matthew Allen & Team for giving us a reason to be happy and cherish in a Market where every Junior, Mid and even Majors of O&G are struggling. It has been nothing short of a miracle when you close your eyes and look back what happened in last 12-18 months.

Otto had been stagnant in SP for more than 5 years and if the events of the near past are an indication, everything is about to Change. All we need is a little luck in addition to the best efforts put by our team. A find of commercial Oil (Hawkeye, K-K and Pangani) and Gas (Cinco) could move Otto from Junior Oil explorer to Mid-range O&G company. The potential of success is multi-fold to our SP & MC and could very well reward long-term shareholders who had kept patience and trust in the Company & Management.

Capital Returns had returned more than 80% of my investments and I could not thank the team enough as Future looks more bright and capable than ever before. With Hawkeye drill only few weeks away, we can surge in SP when we near the drill. SC55 is a de-risked area for exploration and wish our team all success.

K-K and Pangani is an ASSET to Otto which could be more of a Company Maker than SC55. With the license onshore, drill costs are estimated ~5 million and if Otto is to farm-out and de-risk, we will still have 25% interest and free carried for 1 or 2 drills. With >80% success in EARS region (Africa Oil and Tullow), we can believe chances of success are more.

Investment in any O&G company is risky as there are many unknowns and SP could move drastically in either direction. But Otto are in a position that would be envied by ALL Junior and many Mid-Cap O&G companies. Hope , Otto has turned its tide, learnt from past mistakes and are ready to reward their shareholders more than ever before.

Thanks Matt & Team for your efforts. All the best for SC55, K-K, Pangani & beyond.!