Petrobras finalized the sale of all its stakes in the producing fields of Peroá and Cangoá, and in the BM-ES-21 concession. What is known as the Peroá Cluster is located in the Espírito Santo Basin was completed with 3R Petroleum Offshore, previously called OP Energia. This transaction continues Petrobras concentrating its resources on assets in deep and ultradeep waters, where it has a competitive edge.
Transaction Details
- US$5 million paid to Petrobras when purchase and sale contract was signed.
- US$8.07 million paid to Petrobras, with the adjustments provided for in the contract.
- Petrobras is expected to receive up to US$ 42.5 million in contingent payments, depending on future Brent prices and asset development.
This transaction is in line with the company’s portfolio management strategy and the improved allocation of its capital, aiming to maximize value and provide greater return to society. Petrobras is increasingly concentrating its resources on assets in deep and ultradeep waters, where it has shown a great competitive edge over the years.
About Peroá Cluster
Petrobras holds 100% stakes in the Peroá and Cangoá fields, located in shallow waters, whose average production from January to June 2022 was about 572 thousand m3/day of non-associated gas, and 100% stakes in the BM-ES-21 exploratory block, located in deep waters, where the Malombe discovery is located.
About 3R Petroleum
3R Petroleum Óleo e Gás S.A., a company listed on B3’s New Market, is a company focused on the redevelopment of mature and producing fields. The redevelopment of offshore fields is carried out by 3R Petroleum Offshore S.A., formerly OP Energia Ltda.
About Petrobras
Brazilian producer oil and gas, primarily engaged in exploration and production, refining, energy generation and trading. Petrobras has expertise in deepwater and ultra-deepwater exploration and
production as a result of nearly 50 years of development of the Brazilian offshore basins, making it the world leader in this segment.
PBR common and preferred shares are listed on the São Paulo Stock Exchange (B3 Level 2) and New York (NYSE). In 2022 the company had a base of over 815,000 shareholders and ADR holders and the
average daily financial volume traded in the first two months of 2022 was approximately US$1.2 billion on these markets. The controlling shareholder block is comprised of the Federal Government, BNDES and BNDESPar holds 36.61% of our total shares and 50.26% of voting shares.
Source: Petrobras
From The TradersCommunity News Desk