Oil and Gas Discovery SM-71 #1 (GoM)
Thursday 21 April 2016
Otto Energy Ltd (ASX: OEL) (“Otto” or the “Company”) is pleased to announce that it has been advised by Operator, Byron Energy Inc., a subsidiary of Byron Energy Limited (ASX:BYE) (“Byron”), that the SM- 71 #1 well located at the South Marsh Island Block 71 has completed drilling to the final target measured depth at 6,843 feet (2,086 metres) or 6,477 feet (1,974 metres) True Vertical Depth.