🕐23.08.12 - 00:27 Uhr

PETROBRAS - PRESS RELEASE: PETROBRAS COMPLETED THE DRILLING OF SECOND WELL IN BARRA AREA



 

Dear Mr/Mrs Ramin Farzanehfar,

 

  
 
 
Rio de Janeiro, August 22, 2012 – Petróleo Brasileiro S.A.

– Petrobras announces that it has completed drilling the first appraisal well in the area of the Appraisal Plan (PAD) of Barra, in deep waters of the Sergipe-Alagoas Basin.

The 3-SES-165 well, informally known as Barra 1, is located some 100 km off the coast of the city of Aracaju, in the State of Sergipe, at a water depth of 2,433 meters and approximately 10 km southeast of the wildcat well 1-SES-158 (Barra).
 
The purposes of the drilling of Barra 1 was to verify the southeast extension of gas accumulation discovered by the wildcat well, in sandstones of the upper section of Calumbi Formation, and to investigate the continuity, in the same direction, of oil saturated sandy reservoirs in the lower section of Calumbi Formation found on 1-SES-158 well.
 
Both purposes were met which resulted in the delimitation of Barra accumulation, as already estimated, and in the verification of the southeast continuity of the oil saturated reservoirs in the lower section.

Such reservoirs are distributed in intervals of 5460 to 5500 meters, where the saturation of light oil found with 38o API.
 
Petrobras is the operator of BM-SEAL-11 concession (60%) in partnership with IBV Brasil (40%).  The consortium shall continue the operations in the area in order to confirm the extension of the new discovery and characterize reservoir conditions encountered.

 
 
 
 
 
Sincerely,

Investor Relations.
 

To be removed from this E-mail Alert service, please send a reply with the subject: Unsubscribe.



www.petrobras.com.br/ir
Contacts: PETRÓLEO BRASILEIRO S.

A.

– PETROBRAS | Investor Relations Department
e-mail:
Av.

República do Chile, 65 – 10th floor, Room 1002 - 20031-912 - Rio de Janeiro, RJ
Phone: 55 (21) 3224-1510 / 3224-9947 | 0800-282-1540

This document may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act) that merely reflect the expectations of the Company’s management.

Such terms as “anticipate”, “believe”, “expect”, “forecast”, “intend”, “plan”, “project”, “seek”, “should”, along with similar or analogous expressions, are used to identify such forward-looking statements.

These predictions evidently involve risks and uncertainties, whether foreseen or not by the Company.

Therefore, the future results of operations may differ from current expectations, and readers must not base their expectations exclusively on the information presented herein.

 




Products & Services | Jobs