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 of six producing assets. These include the South Marsh Island 71 (SM 71) oil field in the shallow water Gulf of Mexico (Louisiana), the Lightning gas/condensate field in onshore Matagorda County, Texas, the Green Canyon 21 (GC 21) oil well in the deepwater Gulf of Mexico, the Mosquito Bay West well and Oyster Bayou South well in Terrebonne Parish, Louisiana and the Eaves (Vick #1) well in Lavaca County, Texas. Our other major assets include South Timbalier 48 and shares plus 0.5% ORRI (Talitha Unit) interest in Alaskan focused oil and gas producer, Pantheon Resources (LSE:PANR).

We continue to pursue growth opportunities in conventional Gulf Coast oil and gas to deliver growth and create additional value for our shareholders

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