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Oleo e Gas Participacoes Sa, Brazil (fka OGXPY)

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Last Post: 2/4/2019 5:28:00 PM - Followers: 13 - Board type: Free - Posts Today: 0





OGX Petroleo E Gas Participacoes Sa
Praia do Flamengo 154
Rio De Janeiro, RJ 22210-030


Phone: 55-21-25555248


Who we are


OGX is part of the EBX Group, an industrial group founded and under the leadership of Brazilian entrepreneur Eike F. Batista, who has a proven track record in the development of new ventures in the natural resources and infrastructure sectors.

OGX is the largest Brazilian private sector oil and natural gas company in terms of offshore exploratory acreage, with concessions blocks covering approximately 7,000 km2 (1.7 million acres)  acquired on the Ninth Bidding Round held by ANP.

Since its inception, in June 2007, OGX has established a leading position in the Brazilian oil and natural gas exploration and production sector by acquiring a diversified portfolio of high potential exploration blocks.

In November 2007, OGX raised U.S.$1.3 billion in an equity private placement, providing capital to purchase concession rights in the Ninth Big Round, held by ANP (Brazilian National Petroleum Agency). In this round, OGX acquired concessions rights to 21 exploratory blocks in the Campos, Santos, Espírito Santo and Pará-Maranhão basins, comprising a total area of  6.4 thousand squared km.

Planning to pursue additional growth opportunities, OGX has entered into a farm-in agreement for a 50% participating interest in an exploration block in the Santos Basin totaling 6.8 thousand squared km of offshore exploratory acreage.

In June, 2008, OGX held its Initial Public Offering (IPO) whereby approximately R$ 6.7 billion were raised in a 100% primary offer, representing the largest IPO ever in Brazil. The resources will be used to fund OGX’s exploration campaign and initial production development.

OGX has engaged DeGolyer & MacNaughton, a leading consultant in reserve certification for the oil and natural gas industry with over 70 years of experience, to prepare an appraisal report. Based on information derived from this report, its exploration blocks contain prospective resources of 20.180 billion barrels of oil and natural gas and net risked prospective resources of 4.835 billion boe.

The OGX’s net risked prospective resources are assuming a probability of exploratory success of 27%. However, the exploration team of OGX believes that the average success rate can be closer to 50%.

Jurisdiction Of Incorporation


Company Officers

Flavio Godinho, Exec. Dir.
Marcelo Adler Cheniaux, Exec. Dir.
Paulo Manuel Mendes Mendonca, COO
Marcelo Faber Torres, CFO

  • SEC Reporting Status

    Exempt Under 12g3-2(b)
  • CIK

  • Fiscal Year End

  • Non-U.S. Exchange Listing

    (OGXP3) BM&F Bovespa
    Qualified Exchange
  • Estimated Market Cap

    $347,758,961 as of Jan 5, 2010
  • Outstanding Shares

    32,319,606 as of Dec 31, 2008

Transfer Agent

Bank of New York Mellon Corp.
One Wall Street
New York, NY 10286

Citibank, N.A.
388 Greenwich St.
New York, NY 10013

Pinksheets Information


Earnings link


News Links

 OGX Releases New Estimates of Volume Certified by D&M
For all news link.
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#652   OGXPY: ADR program terminated. Mandatory Exchange for Cash/Termination. Renee 02/04/19 05:28:00 PM
#651   Yup. The only. $300 learning curve 09/13/18 11:43:56 PM
#650   I’m the only buyer here. learning curve 08/29/18 04:29:54 AM
#649   Dable dable.... learning curve 07/12/18 03:03:58 AM
#648   It’s interesting - it took a year for learning curve 01/23/18 02:52:16 AM
#647   Going to play my business card out...interest has learning curve 11/04/16 12:59:03 AM
#646   I tried a business card for $200. learning curve 10/25/16 01:30:35 AM
#645   The ADRs are now 5:1 we used to dayneyus 06/09/16 07:57:06 PM
#644   OGXPY: effective June 7,2016 1 for 100 R/S. Renee 06/06/16 08:54:02 AM
#643   Hard to say...1 for 250 reverse split... but dayneyus 11/23/15 11:45:29 AM
#642   Old share holders will become the new collateral eddy2 11/23/15 11:39:25 AM
#641   Some Big boys are contemplating some steam dayneyus 01/29/15 07:35:53 PM
#640   Picked up and sold to break even my eddy2 01/21/15 11:07:12 AM
#639   that's a win win eddy2 12/31/14 12:01:47 PM
#638   3rd QUARTER 2014 RESULTS dayneyus 12/27/14 03:02:04 AM
#637   Hmmm, so too bad it is major but AhoohA 12/24/14 05:01:03 PM
#636   Your right but the real news is in dayneyus 12/24/14 01:14:28 PM
#635   Yeah, And the article itself with that typo is AhoohA 12/23/14 04:11:29 AM
#634   Hi 'cityriders' That was a typo on the dayneyus 12/22/14 04:28:35 PM
#633   Gazprom Embraces Europe A Little More Closely cityriders 12/19/14 04:04:54 PM
#632   However the share holders are only entitled to dayneyus 11/03/14 01:20:54 AM
#631   Head fake on currency? http://investorshub.advfn.com/boards/read_msg.aspx?messag learning curve 09/16/14 03:39:41 AM
#630   dayneyus, Not in direct reply to your article but: BVE 09/09/14 11:19:06 AM
#629   One of the two things I want to dayneyus 09/07/14 02:12:44 PM
#628   Hi dayneyus, BVE 09/07/14 10:21:29 AM
#627   Too many zeros 3.23B : 3,230,000,000 shares. It dayneyus 09/03/14 10:32:59 AM
#626   I see there are 323,000,000,000 shares OS and dayneyus 09/03/14 01:40:32 AM
#625   Thanks BVE. I've been going over the 2nd dayneyus 09/02/14 03:49:40 PM
#624   I should have given you the link to BVE 08/10/14 12:24:36 PM
#623   Hi BVE did't catch that news release, but dayneyus 08/09/14 04:28:33 PM
#622   dayneyus, you probably read the press release on BVE 08/09/14 03:05:41 PM
#621   The price holds .08 because somebody is willing learning curve 08/05/14 10:36:50 PM
#620   Dayneyus, Thanks for the link: I did not read BVE 07/31/14 08:14:36 PM
#619   BVE came across this article @ Seeking Alpha dayneyus 07/30/14 09:14:23 PM
#618   Thanks BVE I have come across some of dayneyus 07/29/14 04:44:33 PM
#617   Hi, Glad you did post this question. I'm also BVE 07/29/14 12:56:20 PM
#616   I am trying to figure a value on dayneyus 07/28/14 06:46:15 PM
#615   Wow not much volume anymore, interesting developments. eddy2 06/03/14 09:55:50 AM
#614   Batista’s oil company viable after creditor approval, CEO cityriders 05/30/14 03:16:36 PM
#613   The warning sign is lit at the Ministry Mnobrega 05/20/14 03:18:46 PM
#612   3.bp.blogspot.com/-_K-abZwX7MA/UglaWmtsUOI/AAAAAAAAIA8/92Yep6vUec8/s1600/Ta eddy2 05/15/14 11:03:19 AM
#611   http://www.bing.com/images/search?q=france+flight+447+crash&qpvt=france+flight+4 eddy2 04/26/14 11:11:57 AM
#606   http://www.youtube.com/watch?v=oJtVfBpMyW4 eddy2 03/24/14 01:14:12 PM
#605   http://ih.advfn.com/p.php?pid=nmona&article=61436091 Moving his funds must eddy2 03/21/14 10:10:53 AM
#604   Woopy ding dong a whole 20% move. We eddy2 03/12/14 10:51:12 AM
#603   http://investors.morningstar.com/ownership/shareholders-overview.html?t=OGXP3&re eddy2 03/10/14 01:54:28 PM
#599   http://www.bloomberg.com/news/2014-01-20/batista-oil-vessel-unit-stock-embargoed eddy2 03/02/14 12:21:54 PM
#594   Supply and demand will fall as supply goes eddy2 02/26/14 11:46:16 AM
#593   http://finance.yahoo.com/news/petrotech-oil-gas-inc-subsidiary-134500566.html eddy2 02/26/14 11:40:15 AM
#588   remember gas nothing to do with any oil recovery eddy2 02/24/14 03:34:41 PM