Yeah. Not sure why Petrobras would want to play hardball. This field is chicken feed compared to 5-8 Billion bbl Lula (used to be called Tupi). Plus I think this farm in was a "you scratch my back, I scratch your back type arrangement" with KAR and PBR. KAR wants the data for it's own 100% blocks and PBR would want more supply for its hub.
Anyway the KAR ann seems to be getting out now. Here it is on the interwebs. No news from PBR yet. Maybe just ho-hum for them. Also their previous well reports for Tiro just mention they found oil. No details on production rates at all.
http://www.offshoreenergytoday.com/brazilpetrobras-completes-production-testing-of-maruja-1-exploration-well/
http://www.upstreamonline.com/live/article241820.ece
The suggested field in the same Maruja block is pretty big compared to Maruja. Wonder what the risked bbls are for that prospect.
valuation of maruja well, page-3
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Last
$1.87 |
Change
-0.025(1.32%) |
Mkt cap ! $1.498B | |||
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