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OGX takes operations stake in Brazil Campos blocks
March 20, 2012 / 1:17 PM / 6 years ago

OGX takes operations stake in Brazil Campos blocks

SAO PAULO, March 20 (Reuters) - Brazil’s oil exploration start-up OGX said it bought an additional 20 percent stake in the oil and gas concession blocks BM-C-37 and BM-C-38 from Maersk Oil, raising its stake to 70 percent in the fields.

In a market filing on Tuesday by the company, OGX said it is now operator in the blocks.

Maersk still retains the remaining 30 percent stake in the blocks.

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