Optimizing Exploration and Development Opportunities

A print screen of exploratory activities and results 250 Exploratory Wells Drilled 200 150 100 50 30 16 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 Declarations of Commerciality 35 30 25 Onshore Offshore 20 15 10 1999 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2021 forecast: 45 wells in exploratory blocks (26 onshore/19 offshore) and investments of R$ 6.5 billion anp

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