Otto Commences 3D Seismic in SC55, Offshore Philippines

Otto Energy 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 February 10, 2010. The survey is expected to take approximately 2 months to complete.