Posted by The company reported oil shows last Monday, August 19th, during the final stages of their drilling operations on ๐ฃ๐ฎ๐ ๐๐ฟ๐ฎ๐๐ถ๐น, which were concluded two days later, on August 21st after a little over two months. This drilling license also includes two additional wells apart from ๐ญ-๐๐ฃ-๐ญ๐ฎ๐-๐ฅ๐๐ฆ, to be drilled upon further evaluation of the results.
Pau Brasil block was acquired by ๐ฏ๐ฝ in 2018 during the 5th Production Sharing Round, in a consortium with ๐๐ก๐ข๐ข๐ ๐ฃ๐ฒ๐๐ฟ๐ผ๐น๐ฒ๐๐บ (30%) and ๐๐ฐ๐ผ๐ฝ๐ฒ๐๐ฟ๐ผ๐น (20%), for a R$500 million bonus and 63.79% of surplus oil. ๐ฏ๐ฝ also owns two other pre-salt blocks on Santos: ๐๐๐บ๐ฒ๐ฟ๐ฎ๐ป๐ด๐๐ฒ and ย ๐ง๐๐ฝ๐ถ๐ป๐ฎ๐บ๐ฏรก.