Company Overview

Company Overview

Otto Energy is an oil and gas exploration and production company focused on the US Gulf Coast. We have a high quality production base comprising the South Marsh Island 71 (SM 71) oil field in the shallow water Gulf of Mexico (Louisiana) and the Lightning gas/condensate field in onshore Matagorda County, Texas. We also hold an interest in the Green Canyon 21 (GC 21) oil well in the deepwater Gulf of Mexico, which commenced production in October 2020. Our other major asset is an equity interest in Alaskan focused oil and gas producer, Pantheon Resources (LSE:PANR).

Otto’s mission, vision and values

Maximising a robust base business while creating future value

Mission

Deliver superior shareholder value

Total shareholder return (TSR) versus Australian and US peers

VISION

Achieve outstanding business delivery as a partner of choice in the Gulf of Mexico

Delivery on KPIs:
+ Reserve/Output Growth
+ Scale

VALUES

We say what we will do and do what we say and our actions re-enforce that culture

We set ourselves challenging goals, we define our boundaries and earn our space through consistent delivery

We plan, do, measure, learn and consistently strive to continuously improve

We challenge with respect but deliver as one team

We will be recognised and valued for our competency and expertise in how and what we deliver

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