Salvador Energy Inc. has been established to explore, develop, and produce crude oil and natural gas in Brazil. Our plan is to engage Western Canada Sedimentary Basin technology in established and highly under-exploited Brazilian basins to unlock significant oil and gas reserves. The focus will initially be onshore, where the royalty and tax structure provides a stable and attractive fiscal regime. Salvador's technical team of geologists, geophysicists, and petroleum engineers plan to build on their enviable track record of successful discoveries in Brazil obtained over the last 30 years. Oil is of very high quality and yields Brent pricing with very minor adjustments as there are no pipeline or infrastructure constraints to get oil to market.
Salvador Energy is now working towards immediate acquisitions of identified Brazilian onshore oil fields and exploration blocks with highly prospective exploration and development programs in place.