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Fossil Energy

about 13 years ago

No Offshore Production for OGX in September

OGX Petróleo e Gás Participações S.A. , announces that its average oil and natural gas production for September 2013 reached 13.2 thousand barrels of oil equivalent per day (2.1 million m3 per day), which corresponds to OGX’s share of the average production of natural gas at the onshore Gavião Real

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OGX Petróleo e Gás Participações S.A. , announces that its average oil and natural gas production for September 2013 reached 13.2 thousand barrels of oil equivalent per day (2.1 million m3 per day), which corresponds to OGX’s share of the average production of natural gas at the onshore Gavião Real Field, in the Parnaíba Basin.

Offshore Production There was no production at the Tubarão Azul Field during the month of September, due to damages to the electrical submersible pumps (ESP) as previously released by the Company. The OGX-26HP well´s ESP is being repaired. These repairs are expected to be concluded in October. Onshore Production Total average production at the Gavião Real Field was of 4.5 million m3 per day (2.1 million m³ net to OGX), with four turbines operating at the Thermo Power Plant I throughout the month of September.

[mappress] Press Release, October 11, 2013

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