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OGpar Resumes Production at Tubarao Martelo Field

Source: www.gulfoilandgas.com 7/4/2016, Location: South America

OGPar and OGX inform their shareholders and the market in general that OGX received a letter issued by Agência Nacional de Petroleo, Gas Natural e Biocombustiveis (ANP), Brazilian regulatory agency, sanctioning the resume of the production on Tubarao Martelo Field (TBMT Field), by the FPSO OSX-3 vessel.

The Companies also inform that, once the permission mentioned above was granted, OGX has returned the operations on TBMT Field and remains monitoring the process, waiting to stabilize the production.

Considering the resume of production, the monthly results will continue to be disclosed to the market until the 15th day of the following month.

The Companies will keep its shareholders and the market informed of any further developments on this matter.

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