Oleo e Gas Participacoes S.A. – Em Recuperacao Judicial, announces, regarding the agreement signed together with its subsidiary, OGX Petroleo e Gas S.A. – Em Recuperacao Judicial, and OSX 1 Leasing B.V(“OSX 1L”) and OSX Servicos Operacionais Ltda. – Em Recuperacao Judicial, disclosed on February 3rd, 2014 as a Material Fact, that the testing period in the Tubarao Azul Field will proceed until July 17, 2014.
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