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Australian firm Otto Energy Ltd. said drilling at the Galoc-5H well in northwest Palawan has successfully yielded oil, confirming the potential of the well.

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GALOC CLASTIC UNIT

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abtest

Otto Energy confirms new Galoc oil find

By Iris Gonzales | October 18, 2013 - 12:00am

Australian firm Otto Energy Ltd. said drilling at the Galoc-5H well in northwest Palawan has successfully yielded oil, confirming the potential of the well.

Business