Perenco has been the successful bidder as Operator for 5 Exploration licenses in the Brazilian
9th Round of Licensing in partnership with OGX.
The blocks are in the deep water (100-2000 m) sector of the Espirito Santo basin, and each covers an area of 720 square kilometres.
| Exploration acreage |
| 3,600 km2 |
All licenses have an initial 4 year term. The commitment is the acquisition and processing of 2D and 3D seismic followed by the drilling of a total of 2 wells.
These exploration blocks offer a range of play types, prospects and leads which are on trend with the Golfinho light oil field which is scheduled to reach a plateau production level of 200 000 bopd in 2008.