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Brazil

Potiguarbrazil

Partex started its activities in Brazil when it was qualified by ANP (Agência Nacional do Petróleo) as an onshore authorized operator in Brazil Round 3, in 2001.

Presently, Partex Oil and Gas Group participates in two fields and two off shore blocks.

In the Potiguar basin, Partex has a 50% share and is the operator in the fields Colibri and Cardial. The other shareholder is Petrobras.

BMS-10

Partex has 10% participation in the deep offshore block BM-S-10 in the Santos basin. The other block holders are Petrobras (the operator) with 65% and British Gas, with 25% participation. The first well has been drilled. It represents a deep offshore drilling record in Brazil, having reached a depth of more than 7600 metres, including a water layer of 2100 metres. A discovery has been made and is presently being assessed.


Sergipe – Alagoas

In the Sergipe - Alagoas basin, Partex has a 15% share in the offshore block BM - SEAL - 9, in which Petrobras (the operator) has a 85% share.


Espírito Santo

Partex is also a 50% holder of each of the onshore blocks BT-ES-14 and BT-ES-T-527, located in the Espírito Santo basin. Petrobras is the owner of the remaining 50% share in both blocks and operator in BT-ES-14. Partex is the operator in BT-ES-T-527, the latest participation that the Group has acquired in Brazil.

 
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