Pursuant to Rule 13a-16 or 15d-16 of the
20031-912 - Rio de Janeiro, RJ
Federative Republic of Brazil
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
This report on Form 6-K is incorporated by reference in the Registration
Statement on Form F-3 of Petróleo Brasileiro -- Petrobras (No. 333-163665).
New discovery of good quality oil in Transfer of Rights area
Rio de Janeiro, February 20th, 2013 – Petróleo Brasileiro S.A. – Petrobras announces that the sixth well drilled following the execution of the Transfer of Rights Agreement has discovered oil in the area known as Florim, in the pre-salt of Santos Basin.
Informally known as Florim, well 1-BRSA-1116-RJS (1-RJS-704) is located at a water depth of 2,009 meters, 206 km off the coast of the state of Rio de Janeiro and the presence of good quality oil (29º API) has been confirmed in carbonate reservoirs of excellent quality just below the salt layer.
The well continues to be drilled and so far has reached a depth of 5,498 meters. Drilling will proceed until reaching the level provided in the Transfer of Rights Agreement of approximately 6,100 meters.
After drilling is complete, a formation test will be carried out to assess the productivity of the reservoirs, according to the activities and investments outlined in the Mandatory Exploratory Program of the Transfer of Rights Agreement.
According to the agreement, the exploratory phase should be concluded by September 2014, at which time commerciality of the area may be declared.
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PETRÓLEO BRASILEIRO S.A--PETROBRAS | ||
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By: |
/S/ Almir Guilherme Barbassa
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Almir Guilherme Barbassa
Chief Financial Officer and Investor Relations Officer |
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