Otto Energy Ltd has announced that it has reached an agreement with MV Upstream Tanzania Ltd to farm-out of its 25% participating interest in upcoming Kito-1 well, onshore Tanzania, Energy Global informed. MV Upstream...
Otto Energy Ltd. says that PNOC Exploration Co. (PNOC-EC) has expressed an interest in farming into SC 55 for a 15% working interest. The commercial terms of the farm-in are agreed upon and will be finalized in a farm...