July 30, 2014 6:47 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Imetame Energia S.A.

Company Overview

Imetame Energia S.A. offers oil and gas exploration services. The company was formerly known as Comp Exploracao e Producao de Petroleo e Gas S.A. Imetame Energia S.A. is based in Aracruz, Brazil.

Democrito Moreira, 643B

Aracruz, ES 29192243

Brazil

Key Executives for Imetame Energia S.A.

Imetame Energia S.A. does not have any Key Executives recorded.

Imetame Energia S.A. Key Developments

Andes Energia PLC Signs Binding and Exclusive Joint Venture Agreement with Imetame Energia S.A

The Board of Andes Energia PLC announced that Andes has signed a binding and exclusive Joint Venture agreement with Imetame Energia S.A. to jointly explore some of Imetame's operated exploration assets in on-shore basins in Brazil. The JV agreement provides Andes with exposure to some of Imetame's north-eastern mature basin assets, as well as new oil and gas discoveries in the Recôncavo Basin, where near term production is expected. The basins in which Imetame operates and is expected to operate, were formed at the time of the separation of the supercontinent Gondwana and can be correlated with some of the most prolific West African basins. All the basins are on-shore, mainly oil prone, near the coast and have the infrastructure necessary to transport the oil, with nearby roads, pipelines, ports and refineries.

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