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                    [Title] => Otto Energy acquires controlling stake in Galoc
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Otto Energy Ltd. has become the majority stakeholder of Galoc Production Co. (GPC), the operator of Service Contract 14C in Palawan, after acquiring the 68.62 percent stake of the Vitol Group for $18.7 million.
                    [DatePublished] => 2011-08-14 00:00:00
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                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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GAS POWER CORP

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abtest

Otto Energy acquires controlling stake in Galoc

By Ted P. Torres | August 14, 2011 - 12:00am

Otto Energy Ltd. has become the majority stakeholder of Galoc Production Co. (GPC), the operator of Service Contract 14C in Palawan, after acquiring the 68.62 percent stake of the Vitol Group for $18.7 million.

Business