Dear Mr/Mrs Ramin Farzanehfar,
Rio de Janeiro, February 3, 2012 – Petróleo Brasileiro S.A.
– Petrobras announces the discovery of a new oil and natural gas accumulation in the Solimões Basin, Block SOL-T-171, in the State of Amazonas.
The discovery took place during the drilling of well 1-BRSA-961-AM, unofficially known as Igarapé Chibata Leste.
Located in the Coari, 25 km from the Urucu Oil Province, the well was drilled to a depth of 3,295 meters.
Tests have indicated a production capacity of 1,400 barrels of good quality oil per day (41º API) and 45,000 m3 of natural gas in the Juruá Formation.
This is the second successful exploration in Block SOL-T-171 after 2010, when the Discovery Evaluation Plan of well 1-BRSA-769-AM (Igarapé Chibata) started.
Petrobras holds 100% of the exploration and production rights in the Concession.
The company current production in the Amazonas State is 53,000 barrels of oil and 11,000 m3 of natural gas per day, in addition to 1,300 tons/day of LPG.
Sincerely,
Investor Relations.
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Contacts: PETRÓLEO BRASILEIRO S.
A.
- PETROBRAS
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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.
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