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OGX

Brazil

Tel: +55 (21) 2163-7568

Web: www.ogx.com.br

Company description

OGX Petróleo e Gás is focused on oil and natural gas exploration and production and is conducting the largest private sector exploratory campaign in Brazil. OGX holds a solid cash position, with more than US$4 billion in cash to fund its E&P investments and new opportunities. In June 2008, the company went public raising R$6.7 billion, the largest amount ever raised in a Brazilian primary IPO since then. OGX is a member of the EBX Group, an industrial group founded and under the leadership of Brazilian entrepreneur Eike F. Batista.

Products and services

OGX has a diversified, high-potential portfolio, comprised of 29 exploratory blocks in the Campos, Santos, Espírito Santo, Pará-Maranhão and Parnaíba basins which encompass an offshore area of approximately 7,000 km² and onshore area of approximately 21,500 km².
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