EBX Group unit OGX Maranhão has identified the presence of gas in the onshore basin of Parnaiba, Brazil.

The gas accumulation has been identified in the lower devonian section of well 1-OGX-22-MA in PN-T-68 block.

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The discovery was made during the drilling of well OGX-22, following the previous discovery made in the section of the poti formation.

The net pay in both formations were encountered at about 49m and 47m respectively, determined through intermediate logging.

Additional data obtained from the drillstem test performed in the upper devonian section indicates that the well has a potential production of up to 3.4 million m³ per day in absolute open flow.

OGX Maranhão, an entity formed by OGX and MPX Energia, holds a 70% stake in the block, with the remaining 30% held by Petra Energia.

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