Press release —

OGX revving up production

Brazil's OGX, the oil and gas start-up controlled by billionaire Eike Batista, will produce 40,000 to 50,000 barrels of oil a day and drill 26 new wells by the end of 2012, the company's director of exploration said on Friday.

http://www.upstreamonline.com/live/article1242802.ece

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