The Galoc oil field is located in a water depth of about 290 metres in Palawan's oil and gas fairway.

Otto sells oil field assets for $113m

Otto Energy says the sale of its Galoc oil field assets in the Philippines to Singapore-based energy company Risco Energy Investments for $113.4 million will help fund exploration activities for two years and return capital to shareholders.


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Otto Energy (OEL)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
73rdOtto Energy160%11%
146thWalkabout Resources89%8%
608thMount Ridley Mines-20%32%
683rdInca Minerals-38%-24%
776thKin Mining-63%0%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$9k Sold
$27k Bought
$0 Other
Total value as at the date of the transaction
Source: Morningstar


283rd↓Otto Energy$36k
334th↑Mount Ridley Mines$7k
336th↑Kin Mining$7k
338th↓Inca Minerals$6k
339th↑Walkabout Resources$6k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Otto Energy

110thMatthew Allen$718k
708thJohn Jetter$112k
471stIan Macliver$85k
Ranked by total remuneration from all listed WA companies

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