July 31, 2013

Otto Energy abandons Duhat-2

Just days after announcing it has started drilling on the Duhat-2 exploration well in Leyte province, Otto Energy said yesterday it was abandoning the well for safety reasons.

“High pressure brackish water started to flow from the well which was initially contained using heavy-weight mud. Intermittent flows during the intervening period were finally stopped with a cement plug.

The decision to stop drilling was made after careful consideration of the operational and environmental risks of drilling ahead.” - WealthSec