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 seis...