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Friday, June 10, 2011

Petrobras Discovers Hydrocarbons in Espirito Santo Basin

- Petrobras Discovers Hydrocarbons in Espirito Santo Basin

Friday, June 10, 2011
Petrobras

Petrobras announced the discovery of a hydrocarbons accumulation in the Cretaceous reservoirs of Espírito Santo Basin.

The discovery resulted from the drilling of well 1-BRSA-926D-ESS (1-ESS-205D), informally know as Brigadeiro, at a water depth of 1,900 meters, located in the BM-ES-23 Concession area, block ES-M-525, 115 km off the coast of the State of Espírito Santo.

The discovery was confirmed through wireline logging and fluid sampling, in the reservoirs located at a depth of approximately 4,200 meters, with vertical porous thickness of approximately 125 meters.

Petrobras is the operator of the consortium for exploration of block BM-ES-23 (65%), which is also composed of Shell Brasil Petróleo Ltda (20%) and Inpex Petróleo Santos Ltda (15%).

The consortium will give continuity to the activities in the concession area, where two other wells are being drilled, referring to the Minimum Exploratory Program. After the conclusion of this Program, the consortium will forward an Evaluation Plan proposal to the ANP designed to delimit the discovered accumulation.

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