Enauta Considers Ending Operations at Atlanta Field After Partner Abandons Asset

Written by Flavia Marinho

Published on 04/11/2020 at 07:43

Saída de sócia no Campo de Atlanta, faz Enauta avaliar se assumirá a participação da Barra Energia no ativo ou procederá ao abandono conjunto.

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Exit of Partner at Atlanta Field Makes Enauta Assess Whether It Will Assume Barra Energia’s Stake in the Asset or Proceed with Joint Abandonment.

The oil company Enauta informed yesterday (03/11), through a relevant fact, that its partner Barra Energia do Brasil Petróleo e Gás will permanently exit the partnership for offshore exploration of Block BS-4, where the Atlanta Field is located in the Santos Basin. Debt-Free and with Two Billion Reais in Cash, Brazilian Enauta Wants to Go Shopping

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Enauta will assess by November 28, 2020, whether it will assume Barra Energia’s stake in the Field or proceed with joint abandonment.

A potential joint return of the Field would not happen immediately. The Early Production System would continue operating as long as it was economically viable.

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Enauta Considers Ending Operations at Atlanta Field After Partner Abandons Asset

Exit of Partner at Atlanta Field Makes Enauta Assess Whether It Will Assume Barra Energia’s Stake in the Asset or Proceed with Joint Abandonment.

Read Also

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Enauta Considers Ending Operations at Atlanta Field After Partner Abandons Asset

Exit of Partner at Atlanta Field Makes Enauta Assess Whether It Will Assume Barra Energia’s Stake in the Asset or Proceed with Joint Abandonment.

Read Also

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

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