Mixed results for Otto off the Philippines

Australia-listed Otto Energy has hit hyrdocarbons in an exploration well off the Philippines, but not enough to economically develop.

Disappointment: the exploration well was drilled using the Maersk Venturer
Disappointment: the exploration well was drilled using the Maersk Venturer
Published 17 August 2015, 00:06Updated 17 October 2016, 12:24