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Otto to abandon Philippines

Otto Energy, an oil and gas company, is planning to exit its Service Contract 55 (SC55), offshore the Philippines, ...

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Otto to spud Hawkeye over the weekend

With the drillship Maersk Venturer loaded out and now at the Hawkeye drilling location, offshore the Philippines, ...

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Red Emperor gains nod for Hawkeye farm-in (Philippines)

Red Emperor Resources NL has today received formal notification from the Department of Energy of the Republic of ...

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Red Emperor raises cash for drilling in the Philippines

Red Emperor Resources NL has announced an oversubscribed placing, through its London Broker, Brandon Hill Capital, ...

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Otto farms out stake in SC55. Hires Maersk drillship

Otto Energy Ltd has signed a farm-out agreement for a 15 % interest in the SC55 block, offshore the Philippines, ...

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