Imetame suspended with oil and gas shows the 1-VID-1-ES (1-IMET-027-ES) new-field wildcat (NFW), Vida prospect, in the ES-T-487 block on 7 April 2020 at a total depth (TD) of 1,890 m.    Imetame filed an oil      and gas show report for the well with the ANP on 6 April 2020.  Partner Petro-Victory issued a      press release on 7 April 2020 indicating the well drilled a 49 m net oil      pay reservoir in the target Sao Mateus Formation from 1,560 m to 1,660 m.      Operator Imetame recovered 24 API oil to surface on a drill-stem test. The      operator plans to conduct completion and testing operations by 3rd      quarter after formal ANP approvals. Petro-Victory estimates the well      results exceed its pre-drill estimates of 855 Mbo in mean recoverable      resources.  The NFW was spudded on 28 February      2020.     The NFW has      a proposed total depth (PTD) of 1,700 m and is speculated to be targeting      the Early Cretaceous Sao Mateus Formation.   The well is      located in the south central area of the block 192 m south-east of the      Petrobras 1-STZ-001-ES plugged and abandoned as non-commercial oil at a TD      of 2,340 m in 1998.   Imetame is      operator of the ANP Round 14, ES-T-487 contract and holds 100% working      interest.
Brazil (Espirito Santo Salt Sub-basin (Espirito Santo Bsn)) Sao Mateus