Otto Energy Ltd has appointed Mr Matthew Allen to the position of Chief Executive Officer (CEO) effective immediately, following the mutually agreed resignation of Mr Gregor McNab due to personal reasons.

Since joining Otto as Chief Financial Officer in November 2009, Matthew has played an integral role in implementing Otto's strategy to build a successful international oil and gas company, through assembling an exploration portfolio of high potential prospects and pursuing the development of discovered fields, and is committed to continuing this strategy for the benefit of shareholders.

Tags: Otto Energy Limited