Petrobras Clarifies Presalt Reserves Estimates

Petrobras has clarified that regarding certain stories published by the media about presalt reserve estimates, the company reasserts the figures it has already announced.

In the blocks under Petrobras (as operator) and its partner's concession, the company has recoverable oil volume estimates only for the Tupi and Iara discoveries (block BMS-11).

Reserves can only be estimated after the Statement of Commerciality.