ENEVA SA suspended with oil and gas shows the 4-ENV-SWPGN1-MA (4-ENV-006-MA) new-pool wildcat (NPW) in the PN-T-048 block during late-October 2019. It is assumed the operator re-entered the well for additional testing during September or early-October 2019 since the drilling operations were concluded on 1 August 2019 at an as yet unreported final total depth (TD).     The operator filed a gas show      report for the well with the ANP on 9 August 2019 and then an oil and gas      show on 17 October 2019.     The NPW was      spudded on 21 July 2019. Â     The NPW had      a proposed total depth (PTD) of 2,215 m.     The Devonian      Cabecas Formation and the Mississippian Poti Formation were the primary      targets.    The NPW is      located in the north-central area of the block approximately 4.4 km south      south-west of the 1-PGN-FAZTIANGUAR-MA (1-PGN-001-MA) new-field wildcat      (NFW) suspended with gas shows in April 2014.      ENEVA SA has 100% working interest in the BT-PN-004 contract, PN-T-048 block.  On 11 July 2019, the ANP approved a 4th modification to the discovery evaluation plan (PAD), modified from the 3rd modification on 19 June 2019, for the discovery evaluation plan (PAD) for the 1-PGN-FAZTIANGUAR-MA (1-PGN-001-MA) new-field wildcat gas discovery of the Eneva operated BT-PN-004 contract, PN-T-048 block.The ANP granted the operator an extension from 25 June 2019 to 4 September 2019 to drill a contingent well and stimulate the zone contingent on results or relinquish the PAD.If all commitments are completed, then the final expiry date will be 4 November 2019 extended from 4 October 2019.   In mid-March 2019, ENEVA SA made a part relinquishment of the remaining valid exploration area of the BT-PN-004 contract, PN-T-048 block retroactive to 14 November 2018. The BT-PN-004 contract covered a total area of 1,455.2 sq km in two separate blocks, Block 1 of 1,057.18 sq km and Block 2 of 398.02 sq km.PGN relinquished all of the 398.02 sq km BT-PN-004 contract, Block 2 associated with the 1-OGX-FAZENDAHAVANA-MA (1-OGX-115-MA) gas discovery completed in 2013 but apparently non-commercial after plugging the 4-PGN-FAZHAVANA-002D-MA (4-PGN-026D-MA) new-pool wildcat (NPW) in early-August 2018.The remaining valid exploration area includes the entire 1,057.18 sq km Block 1 associated with the 1-PGN-FAZTIANGUAR-MA (1-PGN-001-MA) new-field wildcat gas discovery from April 2014.That discovery is yet to be appraised.   On 24 May 2018, the ANP approved a 2nd modification to the discovery evaluation plan (PAD) for two evaluation areas of the Parnaiba Gas Natural (PGN) operated BT-PN-004 contract, PN-T-048 block.The ANP granted the operator an extension from 10 July 2018 to 25 June 2019 to drill a contingent well or relinquish the PAD.If all contingent commitments are completed, then the final expiry date will be 4 October 2019 extended from 29 November 2018.PGN is the operator of the contract with a 100% working interest.  On 9 December 2016, the ANP approved a modification to the Parnaiba Gas Natural (PGN) operated BT-PN-004 contract, PN-T-048 block.   On 10 September 2014, the ANP approved the discovery evaluation plan (PAD) for two evaluation areas of the Parnaiba Gas Natural (PGN) operated BT-PN-004 contract, PN-T-048 block.   On 9 April 2014, PGN suspended with gas shows 1-PGN-FAZTIANGUAR-MA (1-PGN-001-MA) new-field wildcat (NFW) at a final total depth (TD) of 2,545 m.Parnaiba Gas Natural (PGN) filed a second gas show report with the ANP on 8 April 2014 after filing the first show report on 26 March 2014 for the well drilled in the PN-T-048 block.The NFW was spudded on 10 March 2014 within the BT-PN-004 contract, PN-T-048 block. The well had a proposed total depth (PTD) of 2,188 m with the Devonian Cabecas Formation as the primary objective and the Mississippian Poti Formation as a secondary objective. PGN utilized the BCH Energy 5 land rig to drill the well, located in the northwestern area of the block about 39 km west-southwest of the nearest well, the 1-OGX-FAZENDAHAVANA-MA (1-OGX-115-MA) suspended with gas shows in August 2013. This was the first well drilled by the operator where the ANP is utilizing the new company name, or acronym PGN, for Parnaiba Gas Natural.
Brazil, BT-PN-004