Otto drilling two offshore oil development wells in Philippines

Two development wells have spudded at Galoc oil field offshore the Philippines.

Ocean Patrior on way to Galoc field.
Ocean Patrior on way to Galoc field.

Offshore staff

SYDNEY, Australia – Two development wells have spudded at Galoc oil field offshore the Philippines.

Otto Energy Ltd. (ASX:OEL) says the Galoc 5H and 6H wells in SC14C are part of the Galoc Phase 2 plans approved last year.

TheOcean Patriot semisubmersible drilling rig is on location, and drilling of both wells is expected to last for 115 days.

6/4/13

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