GTU Plant View
OGX Petróleo e Gás Participações S.A. (Bovespa: OGXP3), Brazil’s largest private oil and natural gas exploration company, announces its fourth quarter and full year results for 2012.
GTU plant view
|Key Financial Metrics||4Q 2012||2012|
|Revenues (R$ mm) ¹||175||325|
|EBITDA – Pro forma (R$ mm)||(38)||(343)|
|Net Profit (Loss) (R$ mm)||(286)||(1,173)|
|Realized oil price per barrel (US$)¹||104||99|
|CAPEX (R$ mm)||(1,150)||(4,336)|
|Cash Position (US$ mm)||1,655||1,655|
|Production volume (kboepd)||10.2||9.8 ²|
Refers to the cargos booked as revenues after the Extended Well Test (EWT) conclusion and the Declaration of
Commerciality for the Tubarão Azul Field
|²||Production volume from January 31, 2012 to December 31, 2012|
Luiz Carneiro, Chief Executive Officer of OGX, commented:
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