Petrobras Confirms Reserves at Moita Bonita

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Brazilian oil and gas giant Petrobras has confirmed the extension of gas and oil accumulation in the Moita Bonita area, in deep waters in the Sergipe Basin offshore Brazil.

A press release from the Petrobras said: "We have completed the drilling of the well 3-SES-192 (Petrobras nomenclature) / 3-BRSA-1367-SES (ANP nomenclature)l in the area known as Moita Bonita, located in the BM-SEAL-4 concession, 80 km from the city of Aracaju, at a water depth of 2,629 meters."

The results of the drilling of the well 3-SES-192 confirmed the extension of the gas accumulation discovered, with a total thickness of 39 meters, in a reservoir located at a depth of 5,227 meters.

This well also showed an oil discovery in a deeper reservoir, with a total thickness of 24 meters. This is the fifth extension well in the Moita Bonita area, whose discovery was reported in August 2012.

Petrobras is the consortium operator (75%), in partnership with ONGC (25%), and will continue the operational activities to evaluate the well, including conducting a formation test.

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