Petrobras signed a contract to sell its entire stake in the Polo Lagoa Parda, in Espírito Santo, to Imetame Energia
Today, October 11, Petrobras signed a contract to sell its entire stake in the Polo Lagoa Parda, in Espírito Santo, close to the municipality of Linhares, to Imetame Energia. According to the state-owned company, the deal involves US$9,37 million. Petrobras will become, by 2022, a company in Rio de Janeiro, São Paulo and Espírito Santo.
According to the oil company, the sale price will be paid in two installments, one of which is US$1,4 million at the signing of the contract, and another of just under US$8 million at the closing of the transaction.
- Work from home at UNIMED! UNIMED is hiring people interested in working from home, see how to secure your position
- Discover the moving story of a 2-year-old boy who beat cancer through an innovative experimental treatment!
- Maximizing Nighttime Operations and Capacity at Ultracargo’s Vila do Conde Terminal
- SESI is offering R$3.303,58 for those interested in working with a temporary contract; Learn more about the vacancy
According to Petrobras, the closing of the transaction is subject to the fulfillment of conditions precedent, such as approval by the Administrative Council for Economic Defense (CADE) and by the National Agency of Petroleum, Natural Gas and Biofuels (ANP).
“The transaction is in line with the portfolio optimization and the improvement of the capital allocation of companhia, aiming at generating value for our shareholders”, said Petrobras.
The operation is in accordance with the Petrobras Divestment System and with the provisions of the special procedure for the assignment of rights for exploration, development and production of oil, natural gas and other fluid hydrocarbons, provided for in Decree 9.355/2018.
About Polo Lagoa Parda
The Polo Lagoa Parda comprises three land concessions in production: Lagoa Parda, Lagoa Parda Norte and Lagoa Piabanha. Petrobras is the operator with a 100% stake in the three fields.
The Pole's current average production is approximately 300 barrels of oil per day (bpd) and 5,5 m3/day of gas.
About Imetame Energia
Imetame Energia is a Brazilian company, which operates in the oil and gas segment as operator of onshore blocks and fields in the Brazilian Sedimentary Basins of Recôncavo (BA), Potiguar (RN), Espírito Santo (ES) and São Francisco (MG) with an average production of 820 boe/day.