OGX Petroleo Starts First Oil Production At Waimea Field

Dear PGM Capital Blog readers, Brazil’s biggest private oil company, OGX Petroleo e Gas Participacoes SA (OTCBB: OGXPY; ISIN: US6708491088) says in a statement it began producing the oil Tuesday at the OGX-26HP well in the Campos Basin’s Waimea field off the coast of Rio de Janeiro The first barrel of OGX oil was extracted from the Waimea accumulation,[…]