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Otto Energy Launches Sale Process for Gulf of America Assets

12:41pm on Wednesday 24th of June, 2026 AEST Energy
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Otto Energy Launches Sale Process for Gulf of America Assets

12:41pm on Wednesday 24th of June, 2026 AEST
Key Points
  • Formal sale process started for Gulf of America assets
  • South Marsh Island 71 and Green Canyon 21 included
  • PetroDivest Advisors appointed as exclusive financial advisor
  • Board seeks to maximise shareholder returns amid strong commodity prices
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