OGX: June Offshore Production Reaches 9.7 Thousand Boepd (Brazil)

OGX announces that its average oil and natural gas production for June 2013 reached 23.0 thousand barrels of oil equivalent per day (boepd).

Of this amount, 9.7 thousand boepd corresponds to the offshore average production at Tubarão Azul Field, in the Campos Basin, and 13.3 thousand boepd (2.1 million m3 per day) to OGX’s share of the average production of natural gas at the onshore Gavião Real Field, in the Parnaíba Basin. Overall for June 2013, total offshore production was 290,499 barrels of oil equivalent.

Production at the Tubarão Azul Offshore Field relied on wells OGX-26HP and OGX-68HP, which produced throughout the entire month of June.

Considering the effective production days, the average offshore productivity per well was 4.8 thousand boepd in June.

[mappress]

Press Release, July 5, 2013