exploration

State-owned company will hold 100% stake in the assets where it intends to resume exploration campaigns in 2022

The company is selling its stake in partnership with Sonangol, which is the operator of the POT-T-794 block

Company had filed an appeal against the agency’s decision that rejected the release of the firm commitments of its eight assessment plans

Area was acquired in the 1st Permanent Offer Round

The sectors SP-AP1 (16 blocks) and SP-AR1 (26 blocks) will be excluded

After the ANP approved its entry in the block as operator, PetroRio now is planning forecast the first oil from the BM-C-30

Most of the exploratory periods will end between the months of August and September

Campaign will be conducted by Seabed Geosolutions, to improve management of oil recovery from the producing field

The drilling commitment is planned in the 2nd Exploratory Period of the SEAL-M-351 block which has not yet started

In 1Q21, the company added two new rigs to its exploratory campaign in the country, with the forecast of drilling 15 new wells

Based on ANP data, we mapped which wildcat wells resulted in discoveries in the country and which became commercial fields

A year after investment cutbacks, the country's exploratory portfolio totals 237 contracted blocks, with the first production sharing decline