Project Profile
Location: Brazil, Recôncavo Basin
Area: 10,200 km²
Located in the northeast region of Brazil, in Bahia State, the onshore portion of the Reconcavo Basin covers an area of 10,200 km². It is separated from Tucano Basin to the north by the Apora High, and from Camamu-Almada Basin, to the south, by an east-west transfer zone (Barra Fault). The eastern and western basin margins are represented by Salvador and Maragogipe fault systems respectively. The first oil discovery was made in 1939 by a well drilled in Lobato, considered to mark the starting of the national petroleum industry.
Operators:
Gran Tierra Energy: Operator with 70% Interest
Fortress Energy (bought 100% shares in Alvorada): 30% Interest