March 29, 2018 / 12:18 PM / 8 months ago

Brazil government to seek auction of two choice Santos blocks in June

RIO DE JANEIRO (Reuters) - Brazilian oil Secretary Marcio Felix said on Thursday the ministry will seek to auction two choice oil blocks located in the offshore Santos basin in a June pre-salt auction.

The two blocks were eliminated from Thursday’s auction by a surprise court decision on Wednesday. He also said the ministry expects to rake in 6.9 billion reais through Thursday and the June auctions, including those blocks.

Reporting by Alexandra Alper; Editing by Chizu Nomiyama

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