VOICED : Brasil petrolera OGX tambalea

OGX, a Brazilian oil company owned by Eike Batista, failed to renegotiate its $3.6 billion debt, risking bankruptcy. Analysts expect OGX to seek legal protection to avoid this. Founded in 2007, OGX's decline began with unmet production promises. Batista, once the world's seventh richest man, has seen his fortune dwindle due to falling stock prices.

What was the estimated debt of OGX in international bonds?

• $4.6 billion

• $3.6 billion

• $2.6 billion

• $1.6 billion

What is the significance of OGX's potential bankruptcy?

• It would be the largest in Latin American history.

• It would be the largest in Asian history.

• It would be the largest in European history.

• It would be the largest in North American history.

What legal action is OGX expected to take to avoid bankruptcy?

• Seek international investment

• File for judicial protection

• Merge with another company

• Sell off its assets

In what year was OGX founded?

• 2005

• 2006

• 2008

• 2007

What was Eike Batista's estimated fortune before his financial decline?

• $40 billion

• $30 billion

• $20 billion

• $10 billion