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Above US$1 Billion, 3R Petroleum Dares and Makes Better Offer for Potiguar Polo of Petrobras, and the Giant of Brazilian Oil Is About to Fill the Piggy Bank!
Petrobras reported in a relevant fact on this day (08/27) that it has entered into negotiation with 3R Petroleum for the sale of the Potiguar Polo, a set of 26 concessions of onshore and shallow water production fields, including the Clara Camarão Refinery and the Guamaré Terminal, located in Rio Grande do Norte.
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“3R Petroleum was the company that presented the best offer, with a value exceeding US$ 1 billion, with the company’s executive board approving the start of the negotiation phase,” says the company in a statement.
Petrobras also stated that the closing of the transaction will depend on the results of the negotiations, as well as the necessary corporate approvals.
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3R Petroleum stated that the potential acquisition of the polo is in line with its strategy to generate value for its investors, through acquisitions of mature fields that present potential for increased production and reserves, as well as synergies with the company’s current portfolio.
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