Otto Energy Limited (ASX:OEL)

Otto Energy Limited's Quarterly Activities/Appendix 5B Cash Flow Report for the period ending 31 March 2026 provides an update on the company's production and financial performance. The report highlights the production activities at the Green #1 and Green #2 wells, where the former continues to perform as expected, while the latter experienced an increase in the water-to-gas ratio, necessitating a wireline intervention. Despite these challenges, the production output for these wells was 58.8 Mboe, reflecting a 10% decrease from the previous quarter. The report notes a significant increase in revenue, driven by a rise in natural gas and oil prices. Production details for SM 71 and the Lightning project are also included, with both showing variations in oil, gas, and NGLs production and sales revenue over the past quarters. The document contains comprehensive financial figures, including sales revenue and production volumes, indicating fluctuations in the commodities market and operational adjustments in response to production challenges.