(Corrects to say Paulo Mendonca is chief executive officer.)

OGX Petroleo e Gas Participacoes SA (OGXP3) has two or three so-called pre-salt prospects it plans to explore after recently making a discovery in shallow waters of Brazil’s Santos Basin, Chief Executive Officer Paulo Mendonca said in a conference call with analysts.

To contact the reporter on this story: Peter Millard in Rio de Janeiro at pmillard1@bloomberg.net

To contact the editor responsible for this story: Carlos Caminada at ccaminada1@bloomberg.net