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PBR » Topics » 14.9 Participation in the ANPs 10 th call for tenders for exploration blocks

This excerpt taken from the PBR 6-K filed Mar 31, 2009.

14.9 Participation in the ANP’s 10th call for tenders for exploration blocks

In December 2008, Petrobras acquired twenty-seven new exploration blocks out of the one hundred and tirty blocks up for tender in the 10th call for tenders promoted by the National Agency for Petroleum, Natural Gas and Biofuels (ANP).

Petrobras acquired seventeen blocks with exclusivity and another ten blocks in a consortium with other companies and it is the operator in five of them.

The bonuses offered by Petrobras and its partners totalled R$ 56.677, and the portion staying with the Company is R$ 39.978.

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