Petrobras Makes Discovery in Espirito Santo Basin

Petrobras announced the discovery of a hydrocarbon accumulation in deep waters of the Espírito Santo Basin post-salt by drilling well 4-BRSA-1265-ESS (ANP nomenclature) /4-GLF-42-ESS (Petrobras nomenclature), informally known as Lontra, at a water depth of 4,327 feet (1,319 meters).

This well, which is 50 miles (81 kilometers) offshore the city of Vitória in Espírito Santo state and lies within the Golfinho production concession area, confirmed the presence of gas and condensates, as supported by log data e cable test performed at the well. The reservoirs were identified at 10,023 feet (3,055 meters) in depth and well drilling operations ceased at 10,623 feet (3,238 meters).

Petrobras is the operator and holds 100 percent of the Golfinho production concession.



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