Participation Fees

Along with securing the technical, financial, and legal qualifications previously described, in order to take part in Brasil Round 10, companies must pay a Participation Fee that varies according to the basin where the blocks are located. Such Fees may be paid by sector or group of sectors. Companies may only submit bids for blocks located in the basin sectors for which they have paid Participation Fees.

The Participation Fees are shown in the table below. Data Packages will be made available to the companies after payment of the Participation Fee and presentation of the Expression of Interest.

Participation Fees may be paid in Brazilian Reais. If paid outside Brazil, the amount will be equivalent to the US Dollars amount converted at the official "buy" exchange rate (BACEN/Ptax compra) published by the Central Bank one working day prior to the payment. It is stressed that any financial fee- in Brazil or abroad - must be paid by the interested company.

The first step for Brasil Round 10 qualification is the presentation of an Expression of Interest, composed by the Cover Letter, the Power of Attorney, the By-Laws, the Confidentiality Agreement and the Participation Fees.

A Data Package will be provided to companies that present the Expression of Interest and pay appropriate Participation Fees, according to the prepared form. If the payments will be done in Reais, the following bank document should preferably be used. Otherwise, a copy of the deposit receipt, including its identification number should be faxed to (55.21) 2112.8539.

Basins
Sectors
Participation Fee¹ (R$)
Onshore
Amazonas
SAM-O
R$ 35.000,00
Paraná
SPAR-CS
R$ 35.000,00
Parecis
SPRC-L
São Francisco
SSF-S
Potiguar
SPOT-T4
R$ 35.000,00
Recôncavo
SREC-T3
R$ 35.000,00
SREC-T4
Sergipe-Alagoas
SSEAL-T3
R$ 35.000,00
ALL SECTORS
R$ 175.000,00

Note¹: This guide is only provided for general orientation of prospective participants of Brasil Round 9. Details on the qualification process must be obtained at the Final Tender Protocol. Untill the bidding day, the ANP reserves the right to withdraw blocks from this round due to technical reasons.


Qualification Guidelines


» Technical
» Legal
» Financial

Participation Fees

Participation Fees Form

Expression of Interest

Confidentiality Agreement

Accredited Representative

Summary of Financial Statements

Bid bond as letter of credit - model

Bid bond as surety bonds - model