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20031-912 - Rio de Janeiro, RJ
Federative Republic of Brazil
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
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Authorization to drill new well in the pre-salt region
Rio de Janeiro, December 2 2009. – PETRÓLEO BRASILEIRO S/A - PETROBRAS, announces that it was granted authorization by the National Petroleum Agency (ANP), yesterday, to drill a well in the northern area of the Santos Basin's pre-salt, contiguous to the Iara discovery, outside of the boundaries of the blocks that have already been bid for. The region is eligible to compose the areas that will be the object of the Transfer of Rights with Compensation, once the Bill No. 5941/09 has been approved.
The purpose of the operation is to gather information about the region, which has yet to be assessed. Drilling is expected to reach a depth of 6,425 meters. The collected data will be delivered to the ANP at the end of the drilling.
The SS-53 drilling rig will be directed to the region and the kick-off of the activities is expected to the middle of December. The Company will be in charge of the operation and will incur the costs of the drilling, since the intention is to get statigraphic information to create a better geologic knowledge of the area and the basis to the future development of the area.
www.petrobras.com.br/ri/english
Contacts: PETRÓLEO BRASILEIRO S. A. – PETROBRAS
Investor Relations Department I E-mail: petroinvest@petrobras.com.br / acionistas@petrobras.com.br
Av. República do Chile, 65 – 22nd floor - 20031-912 - Rio de Janeiro, RJ I Tel.: 55 (21) 3224-1510 / 9947
This document may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act) that merely reflect the expectations of the Company’s management. Such terms as “anticipate”, “believe”, “expect”, “forecast”, “intend”, “plan”, “project”, “seek”, “should”, along with similar or analogous expressions, are used to identify such forecasts. These predictions evidently involve risks and uncertainties, whether foreseen or not by the Company. Therefore, the future results of operations may differ from current expectations, and readers must not base their expectations exclusively on the information presented herein.
PETRÓLEO BRASILEIRO S.A--PETROBRAS |
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By: |
/S/ Almir Guilherme Barbassa
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Almir Guilherme Barbassa
Chief Financial Officer and Investor Relations Officer |
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This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act) that are not based on historical facts and are not assurances of future results. These forward-looking statements are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results o
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