On 27 October 2017 Shell and lone partner Total were granted a preliminary award for being the high bidder for the 128.83 sq km Sul de Gato de Mato block in the 2nd PSC Pre-Salt Bid Round.Â  Shell is operator with 80% working interest and non-operating working interest holder is Total with 20%.Â  The consortium won the block with the minimum profit oil state take bid of 11.53% and USD 30.40 million in total fixed bonus to be paid to the Brazilian government based on the USD to BRL exchange rate of the day of 1USD/3.29 BRL.Â  The PSC contract has a three year exploration-evaluation phase and the minimum work program is to drill one appraisal well. The minimum financial guaranty for the three year period is USD 47.95 million which is less than the estimated cost of drilling a pre-salt appraisal well.Â  There were no other bids for the block.Â  The block Sul de Gato de Mato block will be unitized with the 366.25 sq km BM-S-054 contract, S-M-518 block that has the Gato do Mato prospect discovery well.Â  The discovery evaluation plan (PAD) area around the PA_1SHELL23RJS_S-M-518, Gato do Mato discovery has been suspended since June 2017 pending outcome of the 2nd Pre-Salt Bid Round. On 1 June 2017 the ANP granted a request by Shell to continue the suspension of the discovery evaluation plan (PAD) area around the PA_1SHELL23RJS_S-M-518, Gato do Mato discovery in the BM-S-054 contract S-M-518 block.Â  The ANP agreed to suspend the PAD until the conclusion of the 2nd PSC Pre-Salt Bid Round that will occur on 27 October 2017.Â  Once final contract signatures with the winning consortium are formalized then Shell and the winning company/consortium will have 180 days to present a unified development plan for the S-M-518 PAD area and the 128.83 sq km Gato do Mato bid block that extends adjacent and south of the S-M-518 block to the Lula production concession.Â  Shell and the PPSA signed a pre-unitization agreement, Pre-Acordo de Individualizacao da Producao (Pre-AIP) on 23 March 2014 but the final AIP was delayed due to uncertainties regarding the uncontracted area.Â Â  The 2nd PSC Pre-Salt Bid Round will resolve the issue of the companies involved in the uncontracted area and the AIP can be finalized along with the unified development plan.Â  Shell filed two PADs for the BM-S-054 contract but the ANP made no mention of the second PAD involving the Epitonium discovery.Â  The PA_1SHELL26RJS_S-M-518, Epitonium discovery is suspended until the PA_1SHELL23RJS_S-M-518, Gato do Mato is unitized. On 3 September 2014 the ANP granted a request by Shell to suspend the discovery evaluation plan (PAD) area around the PA_1SHELL26RJS_S-M-518, Epitonium discovery in the northern and western area of the BM-S-054 contract S-M-518 block.Â  The ANP agreed to suspend the PAD until Shell and the PPSA conclude the ongoing unitization agreement involving the PA_1SHELL23RJS_S-M-518, Gato do Mato discovery in the southeastern area of the block and commerciality is declared.Â  The remaining exploration area of the contract contains 366.25 sq km in two PAD areas, the PA_1SHELL23RJS_S-M-518, Gato do Mato discovery and the PA_1SHELL26RJS_S-M-518, Epitonium discovery.Â  The ANP approved the suspension of the Gato do Mato PAD on 2 January 2014 to conduct all commitment and contingent activities due to the operator and partner Total initiating unitization with the Federal Government with Pre-Sal Petroleo SA (PPSA) for open areas south and east of the discovery well.Â  The final expiry date of the PAD was set for 31 August 2014. Â  Shell has 80% working interest in the 366.25 sq km BM-S-054 contract and Total E&P do Brasil Ltda is a partner with a 20% interest.Â   Â 
Brazil (Ceara B.) (It's a petroleum rights. Please summarize by yourself). In IHS database: BAR-M-344 op. by SHELL (50.0%, PETROBRAS 40.0%, PETROGAL 10.0%) to be check.