SM71 F5 WELL TO BE DRILLED BY JOINT VENTURE
(WorldNews Asia)

ASX ANNOUNCEMENT 20 February 2020 SM71 F5 WELL TO BE DRILLED BY JOINT VENTURE SM71 joint venture elects to drill the F5 Silo prospect targeting the D5 reservoir First production from the F5 well, if successful, would be during Q2 2020 Otto Energy Limited (ASX: OEL) ("Otto" or the "Company") is pleased to advise that the SM71 joint venture has elected to undertake the drilling of the F5 well at the SM71 field. The well will be drilled using the Enterprise 264 currently on location at the SM71 F platform and is expected to commence drilling around 1 March 2020. The F5 well will test an extension of the currently...