GREAT ENERGY RANKS TO PURCHASE THE LAGOA VERDE FIELD

Great Energy ranked in first place in the permanent offer of ANP mature fields to purchase the Lagoa Verde Field. Placed in Bacia do Recôncavo, approximadely 90 kilometers away from Salvador, the Lagoa Verde Field started producing at 1984 and had a 59,78 million m³ accumulated gas production until 2007. The in place original field volume, assessed by the former operator, is of 169,927 million m³ of gas.