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Otto Energy Boosts Q4 Production and Revenue Amid Cost Cuts and Strategic Moves

6:27pm on Sunday 1st of June, 2025 AEST Energy
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Otto Energy Boosts Q4 Production and Revenue Amid Cost Cuts and Strategic Moves

6:27pm on Sunday 1st of June, 2025 AEST
Key Points
  • Q4 production increased 6% to 142,769 BOE (WI)
  • Revenue rose 4% to US$5.23 million (WI)
  • Successful drilling and production start of SM 71 F5-ST well
  • 24% reduction in administration and corporate costs quarter-on-quarter
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