Brazil's President Dilma Rousseff has now authorized the long-awaited licensing Round 11 which is anticipated to be held in May 2013.

Spectrum has recently acquired 38,588 km of new long offset 2D seismic data covering the Foz do Amazonas, Barreirinhas, Ceará and Potiguar Basins in the Northern Equatorial Margins offshore Brazil. In addition, a re-processing effort is underway on a seismic dataset tying the Foz do Amazonas, Pará-Maranhão and Barreirinhas Basins. Spectrum offers over 48,000 km of Multi-Client seismic in this area of extremely high prospectivity.

Spectrum's Multi-Client seismic data is located in all offshore basins that are included in Round 11 and cover most of the Sector Block Areas that have been released by the ANP as the basis for the final block selection. Final PSTM, PSDM and other ancillary products are available or will be available from Spectrum for Round 11.

Tags: Spectrum ASA