- Otto Energy (OEL) has appointed Michael Utsler as its new CEO and Managing Director
- Michael is an oil and gas executive with more than 40 years of experience in senior international roles
- This includes 15 years in the Gulf of Mexico and five years as Chief Operating Officer at Woodside
- He has also held senior executive roles with the likes of New Fortress Energy, BP, and Amoco
- In his new role, Michael will undertake a strategic review and assess all parts of the business
- Otto Energy is steady on the market and shares are currently trading for one cent each
