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Brazil: Brookwater taps G&G team for Reconcavo work

Brookwater Ventures Inc., Calgary, has retained Geopex Consultoria, Salvador, Brazil, on an exclusive basis to aid in exploring Reconcavo basin Block REC-T-166 and to participate in the ANP 11th bid round.

Brookwater said Sonangol Starfish Oil & Gas SA, a subsidiary of Angola’s state oil company, operator with 40% working interest, will spud an exploratory well on Block 166 in the last quarter of 2011. Brookwater’s Brazilian subsidiary, Agua Grande Exploracao e Producao de Petroleo Ltda., has 30% working interest in Block 166, and Somoil Internacional de Petroleo do Brasil Ltda. has 30%.

The 1-MAC-1-BA well is to target the Macauba prospect, identified after proprietary 3D seismic was procured by the concessionaires. The well is intended to evaluate four targets to a planned total depth of 2,500 m.


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