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Otto Energy Boosts Revenue 25% on Higher Oil Prices and Production Gains
9:59am on Friday 31st of July, 2026 AEST
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Energy
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Otto Energy Boosts Revenue 25% on Higher Oil Prices and Production Gains
9:59am on Friday 31st of July, 2026 AEST
Key Points
25% revenue increase to US$6 million
Oil production up 9%, gas down 7%
Entered US$10 million currency forward contract
Initiated sale process for Gulf of America assets
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