Perth, April 24, 2009 AEST (ABN Newswire) - Otto Energy Limited (ASX:OEL)(PINK:OTTEF) is pleased to confirm timing for drilling the Gazzatta-1 exploration well in the Cento-Bastiglia permits in the Po Valley, onshore Italy.
The well is now expected to spud around mid May and will take approximately 30 days to drill.
Otto is earning a 50% working interest through the funding of the Gazzata-1 well and a second well if Gazzata-1 is a significant gas discovery.
Contact
Jill Thomas
Investor Relations Manager
Tel: +61-8-6467-8800
Mobile: +61-439-440-016
Email: thomas@ottoenergy.com
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