Otto Energy has experienced significant growth since it listed on the ASX in 2004.
The Company has assembled a balanced portfolio of highly prospective onshore and offshore oil and gas projects across two countries: The Philippines, Turkey. In October 2008, Otto transformed from sole explorer to an explorer/producer with production commencing at the Galoc oil field in the Philippines.
April 2010 we commenced production from the Edirne fields in Turkey
 
The Company's strategic focus is to maintain a balanced portfolio through ensuring that Otto:

    * Maximise value from producing project
    * Explore/appraise in and near field to extend production in Galoc and Edirne projects
    * Execute Philippine farm-down and exploration program
    * Actively pursue value adding new business opportunities