Petrobras vende campos terrestres na Bahia para Eagle Exploração de Óleo e Gás por 3,01 milhões de dólares

Petrobras Sells Onshore Oil Fields in Bahia to Eagle Oil and Gas Exploration for $3.01 Million

Written by Flavia Marinho

Published on 09/03/2020 at 19:02

Updated on 09/03/2020 at 20:12

Petrobras vende campos terrestres de petróleo na Bahia para Eagle Exploração de Óleo e Gás por 3,01 milhões de dólares

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The Onshore Fields Sold By Petrobras Are Called Conceição, Quererá, Fazenda Matinha, And Fazenda Santa Rosa, Located About 110 Km From The City Of Salvador, Bahia

Petrobras informs that it signed today, March 9, with Eagle Oil and Gas Exploration, a contract for the sale of 100% of its stakes in four onshore fields located in the Tucano Basin, in the interior of the state of Bahia, for US$ 3.01 million. Naval Repair And Maintenance Company In Macaé Opens Selection Process For Offshore Vacancies On This Day, 09

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The sale amount will be paid in two installments: the first for US$ 602 thousand today; and the second for US$ 2.408 million upon closing of the transaction, subject to necessary adjustments.

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The closing of the transaction is subject to the fulfillment of precedent conditions, such as approvals from the Administrative Council for Economic Defense (CADE) and the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

Petrobras informs that this disclosure is in accordance with the company’s divestment guidelines and this operation is aligned with optimizing the portfolio and improving the capital allocation of the company, aiming to maximize value for our shareholders.

About The Onshore Fields

The onshore fields called Conceição, Quererá, Fazenda Matinha, and Fazenda Santa Rosa are located about 110 km from the city of Salvador.

In 2019, the average production of these fields was about 26 boe/day of gas, with no oil production. After the sale is completed, Eagle will hold 100% participation in these concessions.

About Eagle

Eagle is a Brazilian oil and gas company and is the E&P arm of the CKL Group, which has a portfolio of businesses across the country in the areas of infrastructure, electromechanical works, road concessions, real estate, energy, and sanitation.

Petrobras Sells Onshore Oil Fields in Bahia to Eagle Oil and Gas Exploration for $3.01 Million

The Onshore Fields Sold By Petrobras Are Called Conceição, Quererá, Fazenda Matinha, And Fazenda Santa Rosa, Located About 110 Km From The City Of Salvador, Bahia

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Petrobras Sells Onshore Oil Fields in Bahia to Eagle Oil and Gas Exploration for $3.01 Million

The Onshore Fields Sold By Petrobras Are Called Conceição, Quererá, Fazenda Matinha, And Fazenda Santa Rosa, Located About 110 Km From The City Of Salvador, Bahia

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