Petrobras announced that preliminary drilling results of well 3-BRSA-967A-RJS (3-RJS-683A), known as Jupiter Nordeste, located 7.5 km from the Jupiter area's discovery well (1-BRSA-559A), in the Santos Basin, Brazil, confirm the presence of natural gas and condensate, as well as the presence of a continuous reservoir between the two wells.

The new well, which is still being drilled, has reached 5,438 m (17,841 ft). It is located in the ultra-deepwater of Block BM-S-24, at a water depth of 2,161 m (7,089 ft), and 275 km off the coast of Rio de Janeiro.

So far, well 3-BRSA-967A-RJS has detected an oil column of 176 m (577 ft) in rocks of excellent permeability and porosity.

The consortium that holds the concession of Block BM-S-24 will proceed with the activities and investments necessary to assess the area, as set forth in the assessment plan approved by the ANP (National Petroleum Agency). Drilling of the well will continue targeting deeper objectives.

Petrobras is the operator of the consortium, with 80% interest; and Petrogal Brasil, 20%.