This excerpt taken from the PBR 20-F filed May 22, 2009.
Peru. In Block X, in the Talara Basin, we are engaged in development and secondary recovery activities. Our production averaged 16.12 mboe/d in 2008. At December 31, 2008, our proved reserves were approximately 118.6 mmboe. We conduct exploration activities at our remaining five blocks. In 2008, our partner Repsol reported a gas discovery in Block 57, in which we hold a 46.2% stake. Tests on the area are ongoing and we have yet to quantify the size of the discovery.
Our net production from