Otto Energy Limited (ASX:OEL) Commences 3D Seismic Acquisition Program In Service Contract 55, Philippines

Perth, Feb 10, 2010 AEST (ABN Newswire) - Otto Energy Limited (ASX:OEL) advises that it is commencing a new 3D seismic data acquisition program in SC55. Otto plans to acquire approximately 1,800km2 of 3D data in SC55.

The seismic vessel, Ramform Explorer operated by Petroleum Geo-Services Asia Pacific Pte Ltd is currently in the field and will be commencing seismic acquisition on 10 February 2010. The survey is expected to take approximately 2 months to complete.

Contact

Matthew Allen Chief Financial Officer Tel: +61-8-6467-8800 info@ottoenergy.com