Otto’s Managing Director, Matthew Allen, commented: "The SM71 F2 well has delivered a result that has significantly exceeded the joint ventures pre-drill expectations in both the B65 and D5 zones. This is an exciting and rewarding outcome for the joint venture and Otto’s shareholders. The incremental oil volumes that will be added to this development are very high value as the joint venture has already installed its own production platform facilities.
Ann: BYE: SM 71 Update - F2 well encounters hydrocarbons
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