Australian offshore driller Otto Energy has drawn oil from its well in the Palawan Basin.

The company’s Galoc-5H well was flowing oil at the rate of 6,300 barrels per day, Otto Energy reported in a disclosure to the Australian stock exchange.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details