The development stages:Seismic/2013-09.POT-M-475 is an offshore block located in the Potiguar basin, northeast Brazil. The block was originally acquired in Brazil's 11th bidding round in 2013 by OGX Petróleo e Gás S.A. It is currently owned by Seacrest Capital Group's AziLat (65%) and operator Exxon Mobil (35%). The same companies also own block CE-M-603 in the adjacent Ceará basin. Local content defined by ANP in the round was 37% for the exploration phase and 56% for development. Petroleum Geo Services has been hired to carry out a 3D seismic survey that should cover 1,000 square kilometers.