On 21 January 2020, the ANP granted operator Petroil to farm-out 40% working interest to Oil Group and 20% working interest to Teknobras in the REC-T-109, REC-T-119, and REC-T-120 blocks it acquired in the ANP Round 14.  The new working interest breakdown for the three contracts is Petroil operator with 40% working interest, Oil Group Exploracao e Producao SA 40%, and Teknobras Empreendimentos e Participacoes Ltda with 20% working interest.   On 29 January 2018, Petroil with 100% working interest was granted official awards by the ANP for the REC-T-109, REC-T-119, and REC-T-120 blocks in the onshore Reconcavo Basin from the ANP Round 14. The company paid a total signature bonus of USD 81,025.24 for the three blocks and has work commitments of USD 829,337.54. The blocks cover a total area of 71.87 sq km. The contracts have one five-year exploration period and 7.5% royalties. The rentals for the blocks are USD 14.15/sq km/year. The local content is stipulated as 50% in the five-year exploration phase and 50% in the development production phase.
Oil Group Exploracao e Producao and Teknobras Empreendimentos e Participacoes will each have 20% in REC-T-109, REC-T-119 and REC-T-120 blocks, after Petroil Oil e Gas 40% (->60%) farm-out. 