Petróleo Brasileiro S.A. (Petrobras) informs that the drilling of an extension well proved the occurrence of oil in the Pitu area. The discovery of this accumulation, the first in Potiguar Basin deep waters, was first announced to the market on December 17, 2013.

The 3-BRSA-1317-RNS well, informally known as Pitu North 1, is the first extension well in the Pitu Discovery Evaluation Plan and is located 60 km off the coast of Rio Grande do Norte state at a water depth of 1,844 m and final well depth of 4,200 m.

The discovery was proven by profile analyses and fluid samples which will be analyzed in laboratories.

Petrobras (40%) is the operator of the BM-POT-17 concession, in partnership with BP (40%) and Petrogal (20%).