• Cash balance of US$16.9 million with zero debt
• Net operating cash inflow of US$2.0 million
• Oil production increased by 11% compared to previous quarter

Otto Energy Limited (ASX:OEL) has released its quarterly activities report for the period ended 30 September 2025. The report highlights the company's strong financial position, with a cash balance of US$16.9 million and zero debt at the end of the quarter. The company also reported a net operating cash inflow of US$2.0 million for the quarter, with lower cash receipts from customers offset by a reduction in overall costs compared to the previous quarter. On the operational front, oil production increased by 11% compared to the previous June 2025 quarter, while gas production was down slightly due to the shut-in of the SM71 F5 well in the previous quarter. The report also notes changes to the company's leadership, with Phil Trajanovich resigning as Acting CEO in July 2025 and Chris Dorros being appointed as the new CEO in August 2025. Additionally, the company announced changes to its Board, with Justin Clyne being appointed as Interim Chairman and Geoff Page transitioning to the role of Non-Executive Director and Chair of the Audit and Risk Committee.

The new CEO, Chris Dorros, has stated that he is fully focused on the delivery of Otto's strategy of maximizing the cashflow receipts from its production assets to the benefit of shareholders. Dorros has highlighted the strength and consistency of the company's assets, as demonstrated by the quarter's free cash flow of US$2.0 million.