middle.news
Otto Energy unlocks up to US$6 million from SM 71 sale
9:20am on Monday 9th of November, 2026 AEDT
•
Oil and Gas
Read Story
Otto Energy unlocks up to US$6 million from SM 71 sale
9:20am on Monday 9th of November, 2026 AEDT
Key Points
US$5.9 million expected value after insurance costs
Byron to assume SM 71 decommissioning liabilities
Lightning asset sale process to begin in November
Disposal requires shareholder approval under ASX Listing Rule 11.2
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Otto Energy (ASX:OEL)
OPEN ARTICLE