BRIEF-Statoil to explore offshore Uruguay, buys 15 pct of block 14 from Total

lunes 1 de febrero de 2016 03:09 GYT

Feb 1 (Reuters) - Statoil Asa :

* Statoil to explore offshore Uruguay

* Says this represents a new impact opportunity for Statoil and a new country entry

* Statoil has acquired 15% working interest from operator Total in offshore exploration block 14 in Uruguay

* Block 14 is located in the Pelotas basin of the South Atlantic Ocean, approximately 200 kilometres off the coast of Uruguay

* It covers an area of 6,690 square kilometres in water depths of 1,850 to 3,500 metres

* The partnership also includes ExxonMobil Exploration and Production Uruguay B.V. with 35% working interest

* Total has completed an extensive data collection programme, including acquiring new 3D seismic data covering the block

* The partnership is now preparing to drill the Raya prospect during the first half of 2016

* Block 14 was awarded to Total in 2012. Based on the results of the Raya well, the partnership will decide further steps Full statement: here Further company coverage: (Reporting By Ole Petter Skonnord)