Investor Presentaiton
queiroz galvão
BM-S-8: MAJOR COLUMN OF AT LEAST 471 METERS OF EXPLORAÇÃO E PRODUÇÃO
OIL OF 31° API AT CARCARÁ PROSPECT
<
10% stake
Contingent and Prospective Resources
Carcará discovery:
A
A
Major column of at least 471 meters of 31° API oil
exclusive of any contaminants such as CO2 and H2S
Excellent quality of reservoirs
High estimated potential flow rate
Next steps:
A
<
January 2015: Drilling of the second Carcará appraisal
well started with testing to follow
3Q15: second phase of drilling of Carcará appraisal well
planned with testing to follow
End of 2015: Results for tests at second appraisal well
are expected by the, and for the first in 2016
Extended Well Test (EWT) planned for 2017
Drilling at the Guanxuma prospect expected to begin in
late 2015
CARCARÁ
CARIOCA
GUANXUMA
BM-S-8
O
CARAMBA
Prospects
Discovery/Field
INVESTOR PRESENTATION
GUARÁ.
LULA
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40
P. 17
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