OGX Petroleo e Gas Participacoes SA, Company Intelligence Report


#42176

46pages

GlobalData

$ 1000

In Stock


OGX is engaged in the exploration and production (E&P) of crude oil and natural gas resources in the offshore and onshore basins in Brazil. OGX was incorporated in June 2007 and since then; the company has been acquiring high potential exploration blocks in Brazil and has established its position as one of the leading players in the Brazilian oil and gas sector. In Brazil, the company has 29 exploration blocks in five basins, Campos, Santos, Espírito Santo, Pará-Maranhão and Parnaíba, covering an area of around 28,500 square kilometers (km²). Apart from Brazil, the company also has exploration blocks in Colombia, which it acquired in June 2010 in the Open Round 2010. The company has a total area of approximately 12,500km2 in the Cesar-Ranchería, Lower Magdalena Valley and Middle Magdalena Valley Basins in Colombia. Figure 1 shows the detailed operational map of OGX. 


Scope
  • Investment Thesis: This section highlights the companies new ventures, liquidity issues, assets analysis, hedging, new projects details, capex funding, geographical results of oil and gas operations, and other related analysis.
  • Goals and Strategies: Provide highlights on their existing and upcoming challenges with the possible strategies.
  • SWOT: This section highlights the companies internal strength, weakness, opportunities and threats to better understand their position in the market
  • Production and Development profile: This section highlights the companies’ forecasted crude oil and natural gas production from their existing and upcoming assets. It also covers the detailed information and analysis on the producing and development assets.
  • Exploration and M&A trends: This section includes exploration assets information resulted due to new discoveries, new drilling and other activities. Additionally, M&A section highlights the companies’ recent assets transactions, joint ventures, acquisition, and divestment activities during the specified period.
  • Financial Forecast and Valuation: This section highlights the detailed financial forecast of the companies for coming five years. This section also provides intrinsic value of the companies’ by using different valuation techniques.
  • Peer Group: This section compares peer group performance with the main companies on the basis of share prices, financial ratios, operational and financial parameters and other related activities.
Reasons to buy

The report will enhance the decision-making capability in a more rapid and time sensitive manner. It will allow you to -
  • Provide detailed analysis to those who are interested in knowing the companies’ existing and future business strategies.
  • Provide in-depth analysis on the companies E&P profiles along with the exploration and M&A updates.
  • Provide valuable insights to those who are tracking oil and gas markets and wants to know the intrinsic value of the companies.
  • Use the analysis for strategy and planning, M&A identifications, and competitor analysis.
Table of Contents

1 Table of Contents 2

1.1 List of Tables 4
1.2 List of Figures 4

2 OGX Petroleo e Gas Participacoes SA, Company Overview 5

3 OGX Petroleo e Gas Participacoes SA, Key Events 2011 9

4 OGX Petroleo e Gas Participacoes SA, Key Highlights 10

4.1 Tapping Brazil Reserves through its Strong Exposure of Exploration Blocks 10
4.2 Efficient Utilization of Secondary Market to Fund its Operations and Exploration Program 12
4.3 Large-Scale Drilling Activities Planned in Brazil 12

5 OGX Petroleo e Gas Participacoes SA, SWOT Analysis 14
5.1 Strengths 14
5.1.1 Strong Management with Relevant Experience 14
5.1.2 Presence of Huge Cash Component to Fund Its Exploration Plans 14
5.2 Weaknesses 14
5.2.1 Limited Geographical Reach and Heavy Reliance on its Assets in Brazil 14
5.3 Opportunities 14
5.3.1 Presence in One of the Fastest Growing Crude Oil and Natural Gas Markets and Exploration Blocks in Colombia 14
5.4 Threats 15
5.4.1 Inability to Find a Joint Venture Partner May Derail Its Brazilian Growth Plan 15

6 OGX Petroleo e Gas Participacoes SA, Goals and Strategies 16
6.1 Create Shareholders Value Through Effective and Value-Driven Exploratory Campaign 16
6.2 Entering into Strategic Partnership 16
6.3 Making Use of its Knowledge of the Brazilian Basins to Pursue Growth Opportunities 16

7 OGX Petroleo e Gas Participacoes SA, Production Overview 17
7.1 Production Profile 17

8 OGX Petroleo e Gas Participacoes SA, Exploration and Development Overview 18
8.1 Exploration and Development Profile 18
8.2 Brazil 18
8.2.1 Campos Basin 18
8.2.2 Santos Basin 21
8.2.3 Esp
Table 1: OGX Petroleo e Gas Participacoes SA, Key Events, 20102011 8
Table 2: OGX Petroleo e Gas Participacoes SA, Exploration Blocks in the Campos Basin, 2011 19
Table 3: OGX Petroleo e Gas Participacoes SA, Announcement of Discoveries from Wells in Different Sections, Campos Basin, 2010 to February 2011 20
Table 4: OGX Petroleo e Gas Participacoes SA, Exploration Blocks in Santos Basin, 2011 21
Table 5: OGX Petroleo e Gas Participacoes SA Announcement of Oil Bearing intervals on wells in different sections, Santos Basin, 2010 to February 2011 22
Table 6: OGX Petroleo e Gas Participacoes SA, Exploration Blocks in Espirito Santo Basin, 2011 23
Table 7: OGX Petroleo e Gas Participacoes SA, Exploration Blocks in Para Maranhao Basin, 2011 24
Table 8: OGX Petroleo e Gas Participacoes SA, Exploration Blocks in Paranaiba Basin, 2011 25
Table 9: OGX Petroleo e Gas Participacoes SA, Wells Completed, 20092011 27
Table 10: OGX Petroleo e Gas Participacoes SA, Wells In-Progress, 20102011 28
Table 11: OGX Petroleo e Gas Participacoes SA, Recent Transactions as a Buyer, 20092010 29
Table 12: OGX Petroleo e Gas Participacoes SA, Recent Transactions as a Seller, 2010 29
Table 13: OGX Petroleo e Gas Participacoes SA , Production Forecast, 20072014 30
Table 14: GlobalData, Commodity Price Forecasts, 2011-2015 30
Table 15: OGX Petroleo e Gas Participacoes SA , Income Statement ($m), 20072014 31
Table 16: OGX Petroleo e Gas Participacoes SA , Balance Sheet ($m), 20072014 32
Table 17: OGX Petroleo e Gas Participacoes SA , Cash Flow Statement, $m, 20072014 33
Table 18: OGX Petroleo e Gas Participacoes SA , Profitability Ratios, 20072014 34
Table 19: OGX Petroleo e Gas Participacoes SA , Other Financial Ratios, 20072014 35
Table 20: OGX Petroleo e Gas Participacoes SA, Capital Market Ratios, 20092011 35
Table 21: GlobalData, Price Forecasts, 2011-2015 36
Table 22: OGX Petroleo e Gas Participacoes SA, Net Asset Value, 2011 37
Table 23: OGX Petroleo e Gas Participacoes SA, Prospective Acreage & Non Proven Reserves, 2011 37
Table 24: OGX Petroleo e Gas Participacoes SA, Total NPV of Crude Oil and Natural Gas Reserves ($/boe), 2011 37
Table 25: OGX Petroleo e Gas Participacoes SA, Sensitivity Analysis on Fair Value ($/share), 2011 38
Table 26: OGX Petroleo e Gas Participacoes SA and Peer Group Comparison, Financial Ratios, 2009 40
Table 27: OGX Petroleo e Gas Participacoes SA, Upstream Capital Expenditure, $m, 2004-2009 41
Table 28: OGX Petroleo e Gas Participacoes SA, Exploration and Development Costs, By Country/Region, $m, 2004-2009 42
Figure 1: OGX Petroleo e Gas Participacoes SA, Operational Map, 2011 5
Figure 2: OGX Petroleo e Gas Participacoes SA, Financial and Operational Overview, 20072009 6
Figure 3: OGX Petroleo e Gas Participacoes SA, Share Price Performance, February 2010February 2011 7
Figure 4: Top 10 Countries on Basis of Oil and Gas Discoveries, 2010 10
Figure 5: Brazils Production, Consumption and Reserves, 20002009 11
Figure 6: OGX Petroleo e Gas Participacoes SA, Upstream Production, MMboe, 20102015 17
Figure 7: OGX Petroleo e Gas Participacoes SA, Campos Basin Overview, 2011 19
Figure 8: OGX Petroleo e Gas Participacoes SA, Operational Map, Santos Basin, 2011 21
Figure 9: OGX Petroleo e Gas Participacoes SA, Operational Map, Espirito Santo Basin, 2011 22
Figure 10: OGX Petroleo e Gas Participacoes SA, Operational Map, Para Maranhao Basin, 2011 23
Figure 11: OGX Petroleo e Gas Participacoes SA, Parnaiba Basin Overview, 2011 25
Figure 12: OGX Petroleo e Gas Participacoes SA, Operational Map, Colombia, 2011 26
Figure 13: OGX Petroleo e Gas Participacoes SA , Relative Performance Charts, February 2010February 2011 39
Figure 14: OGX Petroleo e Gas Participacoes SA, Upstream Capital Expenditure, $m, 2004-2009 41
Figure 15: OGX Petroleo e Gas Participacoes SA, Exploration Costs, By Country/Region, $m, 2004-2009 42