2nd Cycle of the Open Acreage under Production Sharing Regime

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Geopost is already updated with the results from the public presentation of offers for the 2nd Cycle of the Open Acreage under Production Sharing regime held by ANP earlier today.

Five blocks were on offer: 1 in Campos Basin (Turmalina) and 4 in Santos Basin (Cruzeiro do Sul, Esmeralda, Jade, and Tupinambá).

Only one block received an offer:

SANTOS:

SS-AUP5: Tupinambá
Company: bp (100%)
Signature Bonus: R$ 7,047,000.00
Profit Oil: 6.50%

Blocks with no offers: Cruzeiro do Sul, Esmeralda, Jade, and Turmalina.

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