Brazil: Brookwater taps G&G team for Reconcavo work

Oct. 14, 2011
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 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.