"A Rádio Corredor diz que o empresário Eike Sempre Ele Batista negocia a venda de um pedaço do campo de Tubarão Azul, na Bacia de Campos. "
This RUMOUR pops up periodically so I give it no credence until something more substantial announced but passing along for your consideration.
If the Petrobras find is 1-BRSA-882-ESS (Indra), then unless I am mistaken, it is much deeper than any well OGX has experience with. From Rigzone, "Petrobras Confirms Oil near Espirito Santo," 1/9/13:
"The new well, informally known as Arjuna, is part of the 1-BRSA-882-ESS (Indra) Evaluation Plan, and is about 81 miles (130 kilometers) off the coast of Espírito Santo state and .6 miles (.9 kilometers) northwest of the discovery well.
The oil reservoirs, whose age ranges from the Paleocene to the Santonian, have a total thickness of some 656 feet (200 meters) and are approximately 12,070 feet (3,679 meters) deep, at a water depth of 7,031 feet (2,143 meters)."
OGX didn't get the pump on OSX-1 right (they claimed 2 degrees of API made all the difference) and they goofed on the sea floor pump as well on their first wells. In shallow water.
If they find a similar well to Arjuna they should farm it out to a proven oil developer, if they can find any foreigners that still want to do business in Brazil.
Search for "Barclays aposta em ações da OGX"
- sees production rising, diversified portfolio
- repairing severely damaging legacy of terrible communications with market
- target price R$7.00 (about US$3.50)
Report also has some interesting negatives about Petrobras and an interesting table of South American e&p companies with various factor ratings.
- just reporting, not endorsing, btw
FYI, this Reuters report is totally wrong. Company just spudded (started drilling) well this week. What they did say is they are positive about areas potential given it is immediately adjacent to and in same prospects as recent Perigrino and Perigrino South discoveries announced recently by Statoil though I think they also said they think there are additional targets: