The other day i read an Anp outline of the recovarvo basin and it started that 60% of oil is pumped from the aqua grande and sergi formation and about 24% from our secondary targets. So looks like if oil is present in secondary targets more than likely in the sergi and aqua grande formations. This is fantastic news. I thought they wouldn't find any oil in the top secondary targets. Wow exceeded my expectations. Well done to Phil,Christian and John.
From my research on new oil finds in Brazil in the last two yrs. Starfish have been really successful with 4 finds. Our partners in 430 and 330. Petrobras another 4 discoveries in our two basins. Petrogal has one or two onshore as well. Great area to be in Brazil.
The other day i read an Anp outline of the recovarvo basin and...
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