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Santos Limited

Publié le 10 avril 2012

Appraisal well confirms extension of Santos Basin discovery

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News Release 10 April 2012
 

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Appraisal well confirms extension of Santos Basin discovery

BG Group today announced the completion of drilling at an appraisal well in the BM-S-11 concession, off-shore Brazil, with good quality oil samples encountered. The results confirm the westerly extension of the Iara accumulation in the pre-salt Santos Basin and demonstrate the high potential of the pre-salt reservoirs within that area.

The BRSA-1032-RJS well, informally known as Iara West, is located 223 kilometres offshore Rio de Janeiro and approximately nine kilometres from the Iara discovery well in a water depth of 2 150 metres. It encountered good quality oil (21 degrees to 26 degrees API, and within the anticipated range) in the pre-salt carbonate reservoirs at a depth of 5 430 metres.

Iara West, which reached a final depth of 6 050 metres, is the third well drilled in the Iara area and is part of the fast-track programme to develop the world-class pre-salt Santos Basin discoveries.

BG Group and its partners will continue to appraise the area, including formation tests to evaluate reservoir production, in line with the plan approved by Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP).

BG Group has a 25% interest in the BM-S-11 block (Petrobras, operator, 65%, Petrogal Brasil/Galp Energia 10%).

-ends-

Notes to Editors:

BG Group plc (LSE: BG.L) is a world leader in natural gas, with a strategy focused on connecting competitively priced resources to specific, high-value markets. Active in more than 25 countries on five continents, BG Group has a broad portfolio of exploration and production, Liquefied Natural Gas (LNG) and transmission and distribution business interests. It combines a deep understanding of gas markets with a proven track record in finding and commercialising reserves.
For further information visit: www.bg-group.com


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There are matters set out within this announcement that are forward-looking statements. Such statements are only predictions, and actual events or results may differ materially. For a discussion of important factors which could cause actual results to differ from these forward-looking statements, refer to BG Group's Annual Report and Accounts for the year ended 31 December 2011. BG Group does not undertake any obligation to update publicly, or revise, forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.


Copyright � 2012 BG Group, All rights reserved.

BG Group plc, 100 Thames Valley Park, Reading, Berkshire, RG6 1PT
Registered in England & Wales No. 3690065
VAT: GB 232177091

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Santos est une société d’exploration minière de pétrole basée en Australie.

Santos est cotée aux Etats-Unis D'Amerique, en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 14,9 milliards AU$ (10,8 milliards US$, 9,4 milliards €).

La valeur de son action a atteint son plus haut niveau récent le 08 mars 2013 à 9,98 AU$, et son plus bas niveau récent le 12 août 2022 à 7,16 AU$.

Santos possède 2 082 909 952 actions en circulation.

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