Brazil exploration assets Rui Baptista Head of Exploration Brazil 1 Capital Markets Day - March 14th 2011
Overview Exploration assets Angola development Brazil exploration assets Pre-salt Santos basin Final remarks 2 Capital Markets Day - March 14th 2011
Potiguar is a very prolific basin in Brazilian equatorial margin Potiguar basin blocks location Galp Energia entered this basin in 2007 Two contracts including stakes in five deep water blocks, covering an acreage of 3,736 km2…
Potiguar basin ready for the first deep water wildcat Ararauna well location Strong evidence of sandy reservoirs First exploration Ararauna well will be drilled by 3Q11 in block 760 Significant resource potential Wildcat to be…
Pernambuco is so far an unexplored basin Pernambuco basin blocks location Stake in three deep water blocks acquired in 2007, covering an acreage of 1,713 km2 Identical geologic evolution as most of the South Peri - Atlantic…
Esprito Santo basin is a high prolific oil and gas province Esprito Santo basin block location Galp Energia acquired a 20% stake in block BM-ES-31 in 2005 Basin with potential for hydrocarbons reservoirs in the pre-salt geologic…
Starting de-risking resources in Esprito Santo Esprito Santo basin block location An extensive portfolio of prospects already mapped Ambrosia well provided an important CSEM calibration point in the block, essential to define…
Exploring Campos basin Campos basin block location Galp Energia present in Campos basin since 2007 BM-C-44 has an area of 84 km2 and is close to several oil producing fields and oil discoveries One exploration well expected to…
Onshore projects with relevant acreage Onshore basins location Galp Energia has acreage in mature onshore basins and new frontier provinces with high potential 50% stake in 14 blocks on Potiguar basin, nine operated by Galp…
Amazonas basin is a new frontier province with high potential Amazonas basin blocks location 2D and 3D seismic to be concluded by 2012 Great potential for natural gas, supported by existing gas discoveries close to Galp Energia…
Potiguar onshore with the first oil production operated by Galp Energia Andorinha field production facilities Four exploration wells to be drilled in 1H11 Andorinha light oil field will be onstream in 2Q11 Sanhau gas and…
Sergipe Alagoas basin with the largest discovery made by Galp Energia on onshore projects Brahma structure Brahma structure was discovered in 2010 Up to 10 Mln boe of light oil Two appraisal wells to be drilled in 4Q11 EWT to…
Acronyms Number HR Human Resources United States dollar IOC International Oil Company % Percentage IPO Initial Public Offering 2D Two dimensional seismic Kboepd Thousand barrels of oil equivalent per day 3D Three dimensional…