Perth-based oil and gas junior Otto Energy has announced a $US18.7 million deal to increase its stake in the Galoc oil field in the Philippines to 33 per cent.Otto previously held a 18.78 per cent stake in the project, which is currently producing 6,800 barrels of oil each day.
Your single user subscription provides more than you think
Extensive & innovative
WA business database
WA business database
The most powerful knowledgebase mapped from 20 years of research and insight into every WA
leader and business.
Never miss a story with
BN daily emails
BN daily emails
Morning and afternoon timely wrap ups of every news item delivered straight to your device.
Directors, businesses
lists and projects
lists and projects
Transaction records, directors wealth, remuneration data and network activity.
Specialised reports
and profile events
and profile events
Get the inside scoop on every news story and connect with WA’s biggest leaders.
Just want the daily emails? Sign up to our free newsletters
