Imetame Reports Oil Shows on Espírito Santo

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The company reported oil shows on the Sintonia prospect, located inside the block ES-T-441, which they operate in partnership with EnP Energy Platform. Imetame acquired the asset on the 14th Bid Round (2017) for BRL 1,000,150, and EnP entered the upstream market as a partner at the end of 2020.

The Espírito Santo onshore basin has produced around 9,200 boe/day in the last 12 months and has seen the entrance of new players like EnP Energy Platform and Karavan Oil, which should contribute to a bigger activity in the upcoming years. Opportunities in the area include Open Acreage blocks and Petrobras divestments (Polo Norte Capixaba).

CORRECTION: Energy Paranã is not on the consortium that owns the block ES-T-441, as the image shows. The correct consortium is 50% Imetame (operator), 50% EnP.

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