Otto Energy Limited (ASX:OEL) Phillipine's Galoc Oil Field Production Operations Update

  Perth, Australia, Dec 15, 2008 - (ABN Newswire) - Otto Energy Limited (ASX:OEL)(PINK:OTTEF) advise that Oil production commenced at the Galoc Oil Field on 9 October 2008. Initial production was up to 18,000 barrels of oil per day (bopd) and the rate of production has now stabilised at 13,000-14,000 bopd. To date, the field has produced over 770,000 barrels (bbls).  

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