Pursuant to Rule 13a-16 or 15d-16 of the
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.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
This report on Form 6-K is incorporated by reference in the Registration
Statement on Form F-3 of Petróleo Brasileiro -- Petrobras (No. 333-163665).
Petrobras Starts Extended Well Test (EWT) of Aruanã in Campos Basin
Rio de Janeiro, June 28, 2011 – Petróleo Brasileiro S.A. – Petrobras informs it has started producing oil in the Aruanã area, in the post-salt layer of the southern area of Campos Basin, through well 1-RJS-661, located in Block C-M-401. The FPSO Cidade de Rio das Ostras, which operates in the area, will produce up to 12 thousand barrels of oil per day, limited to the capacity of equipment used.
The test of well 1-RJS-661 belongs to the Discovery Assessment Plan (PAD), approved by Petroleum Agency (ANP) for the subsequent development of the area. The exploratory block C-M-401 is located between Pampo and Espardarte fields, in water depths ranging from 350 to 1,500 meters. The formation tests, which were carried out after the drilling of well 1-RJS-661, in March, 2009, evidenced the occurrence of 27 °API oil and recoverable volumes of approximately 280 million barrels of oil.
The EWT of Aruanã will be accomplished during approximately six months. The findings of the tests will aid the studies in order to better characterize the reservoir-rock, fluids and productive potential of oil accumulations in the block.
www.petrobras.com.br/ri
For further information: PETRÓLEO BRASILEIRO S. A. – PETROBRAS
Investor Relations: I E-mail: petroinvest@petrobras.com.br / acionistas@petrobras.com.br
Av. República do Chile, 65 - 2202 - B - 20031-912 - Rio de Janeiro, RJ I Phone: 55 (21) 3224-1510 / 9947 I 0800-282-1540
This document may include provisions according to the meaning of Section 27A of the Securities Law, 1933, as amended (Securities Law), and Section 21E of the Securities Negotiation Law, 1934, as amended (Negotiation Law), which just reflect expectancies of Company’s officers. The words “foresees”, “believes”, “expects”, “intends”, “plans”, “projects”, “aims”, “shall”, among other similar words, aim at identifying such forecasts, which, of course, involve risks or uncertainties, either foreseen or not by the Company. Thus, the future results of Company’s operations may be different from current expectancies, and the reader must not base himself/herself exclusively on the information provided for herein.
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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 f operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
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