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Petrobras announces new discoveries in Espírito Santo Basin

05 Jul 2011

Petróleo Brasileiro S.A. - Petrobras announces new discoveries of oil and gas in Espírito Santo Basin, within the Concession Area BM-ES-23, Block ES-M-525, totaling 3 discoveries in this concession.

These new discoveries are 115 km far from the coast of the State of Espírito Santo, at water depths of about 1,900 meters, and occurred during the drilling of wells 1-BRSA-939-ESS (1-ESS-199) and 1-BRSA-936D-ESS (1-ESS-200D), informally referred to as “Pé-de-moleque” and “Quindim”. Recently, another discovery found after the drilling of well 1-BRSA-926D-ESS (Brigadeiro) has been announced.

Petrobras is the operator of the consortium for exploration of Block BM-ES-23 (65%), further constituted by companies Shell Brasil Petróleo Ltda. (20%) and Inpex Petróleo Santos Ltda. (15%). The consortium will continue the activities referring to the Minimum Exploratory Program within the concession area.