July 3, 2014 / 10:16 PM / 4 years ago

STXNEWS LATAM-Brazil's Oleo e Gas starts oil output in new well

Brazilian oil company Oleo e Gas Participacoes SA started producing oil in a third well in the Tubarão Martelo field in the off-shore Campos basin, according to a securities filing on Thursday.

A judge last month approved a restructuring plan for the bankrupt company formerly known as OGX and controlled by tycoon Eike Batista. The company’s filing said the new production was an important step towards financial recuperation.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below