New York, NY -- (ReleaseWire) -- 02/26/2013 -- OGX Petr (OTC Pink: OGXPY) announced last month that it has connected and started its third production well in the Tubarão Azul field, TBAZ-1HP, situated in the Campos Basin, on December 31, 2012, which was under cleaning and adjusting process and initiated the effective oil production.
Luiz Carneiro, Chief Executive Officer of OGX said "We are thrilled that production has started at our third well in the Tubarao Azul Field, which will contribute to increasing OGX’s current production levels."
Prior to the beginning of production of TBAZ-1HP well, the FPSO OSX-1 was producing at an average of 10,100 barrels of oil equivalent per day, connected to two production wells, OGX-26HP and OGX-68HP. The TBAZ-1HP well has a horizontal section of 1,200 meters and is located approximately 3 kilometers away from the first two production wells.
OGX Petr is focused on oil and natural gas exploration and production and is conducting the largest private sector exploratory campaign in Brazil.
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MediSwipe, Inc. (OTCQB: MWIP) announced national coverage as a technology company recently moving to the state of Michigan within the medicinal marijuana sector by the Detroit Free Press, Sunday business edition in both print and online.
"We are sincerely appreciative that a respected news source such as the Detroit Free Press reached out to our company to learn about our corporate move, intentions and business strategy for the medicinal marijuana sector within the state of Michigan and neighboring states with favorable legislation. They were the first news journal to get it right, and take the necessary time and steps of due diligence to speak to us personally and realize the importance of what we are trying to accomplish and how to further legitimize the industry," stated B. Michael Friedman, CEO of MediSwipe.
MediSwipe Inc. provides innovative patient solutions for electronically processing transactions within the healthcare industry.
Find out more on MWIP here:
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