OGX holds a 100% working interest in this block.
In the well OGX-7A, at the prospect also known as Huna, a minimum net pay of approximately 17mt was identified in the carbonate reservoirs in the Albian section. In the well OGX-10, at the prospect also known as Hawaii, a net pay of approximately 11mt was encountered in the Cenomanian section, and a minimum net pay of 13mt in the Albian section, both in carbonate reservoirs.
Additionally, OGX has commenced the drilling campaign in the blocks operated by the company located in the Santos Basin. The first prospect, known as Natal, will be drilled by the rig Ocean Quest, provided by Diamond Offshore, which is already in location. The well is situated in the block BM-S-59, in the shallow waters of the Santos Basin.
The OGX-7A well is situated approximately 86km off the coast of the state of Rio de Janeiro at a water depth of approximately 152mt. The rig Ocean Lexington, provided by Diamond Offshore, initiated drilling activities on February 16, 2010.
The OGX-10 well is situated approximately 79km off the coast of the state of Rio de Janeiro at a water depth of approximately 158mt. The rig Sea Explorer, provided by Diamond Offshore, initiated drilling activities on March 2, 2010.