The ANP has formally approved ExxonMobilâs acquisition of 50% + operatorship from Queiroz GalvÃ£o in Round 13 blocks SEAL-M-351 + SEAL-M-428, total 1,513 sq km in the Sergipe-Alagoas deepwaters. Murphy Oil also farmed in for 20%, with QG retaining 30%. The deal includes reimbursement to QG of 70% of the bonus paid made for the farmin blocks (ab. USD 31.6 MM).
Brazil, SEAL-M-428The ANP has formally approved ExxonMobilâs acquisition of 50% + operatorship from Queiroz GalvÃ£o in Round 13 blocks SEAL-M-351 + SEAL-M-428, total 1,513 sq km in the Sergipe-Alagoas deepwaters. Murphy Oil also farmed in for 20%, with QG retaining 30%. The deal includes reimbursement to QG of 70% of the bonus paid made for the farmin blocks (ab. USD 31.6 MM).