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OGX says social, environmental concerns forced it to move on

Tuesday, August 5th, 2014 Category: Regulations & Policy

Brazilian oil operator Óleo e Gás Participações (OGX) says that social and environmental issues pushed it to divest its Colombia assets in the Cesar Rancheria (CR) and Lower Magdalena (VIM) basins, and continues negotiating with the National Hydrocarbons Agency to reach an final exit plan.

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