Page 14 - LatAmOil Week 01 2022

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The amount received at closing is in addition to Agency (ANP). contract for the sale of its total stake in the con-
the BN 11mn paid to Petrobras at the signing of This disclosure complies with the Petrobras’ cession PAR-T-198_R12, located onshore, in the
the sale contract. The sale contract also foresees internal rules and with the provisions of the Paraná Basin.
BN 118mn in contingent payments related to special procedure for assignment of rights to The total value of the transaction is BN 31
future oil prices. exploration, development and production of oil, thousand and the closing is subject to compli-
This disclosure is in accordance with Petro- natural gas and other fluid hydrocarbons, pro- ance with precedent conditions and approval by
bras’ internal rules and with the provisions of vided for in Decree 9,355/2018. the National Petroleum, Natural Gas and Biofu-
the special procedure for assignment of rights This transaction is aligned with the com- els Agency (ANP).
on exploration, development and production pany’s strategy of portfolio management and This disclosure complies with the Petrobras’
of oil, natural gas and other fluid hydrocarbons, capital allocation improvement, aiming to max- internal rules and with the provisions of the
provided for in Decree 9,355/2018. imise value and provide greater return to soci- special procedure for assignment of rights to
This transaction is in line with the compa- ety. Petrobras is increasingly concentrating its exploration, development and production of oil,
ny’s portfolio management strategy and the resources on assets in deep and ultradeep waters, natural gas and other fluid hydrocarbons, pro-
improved allocation of its capital, aiming to where it has shown a great competitive differen- vided for in Decree 9,355/2018.
maximise value and provide greater return to tial over the years, producing better quality oil This transaction is aligned with the com-
society. Petrobras is increasingly concentrating and lower greenhouse gas emissions. pany’s strategy of portfolio management and
its resources on assets in deep and ultradeep About the BT-POT-55A concession: The capital allocation improvement, aiming to max-
waters, where it has shown a great competitive concession was acquired in 2006 in the 7th imise value and provide greater return to soci-
edge over the years, producing better quality oil Bidding Round of Blocks held by the National ety. Petrobras is increasingly concentrating its
and with lower greenhouse gas emissions. Petroleum, Natural Gas and Biofuels Agency resources on assets in deep and ultradeep waters,
About Cricaré Cluster: The Cricaré Cluster (ANP). Petrobras holds a 70% stake and Sonan- where it has shown great competitive edge over
comprises 27 onshore concessions: the fields gol, the concession operator, holds the remain- the years, producing better quality oil and with
of Biguá, Cacimbas, Campo Grande, Córrego ing 30% stake. lower greenhouse gas emissions.
Cedro Norte, Córrego Cedro Norte Sul, Córrego Two wells have been drilled by the consor- About the Paraná Basin block: The PAR-T-
Dourado, Córrego das Pedras, Fazenda Cedro, tium, one was a gas discovery well and the other 198_R12 Concession, located in the far west of
Fazenda Cedro Norte, Fazenda Queimadas, was an appraisal well. There are no remaining the State of São Paulo, was acquired in the 12th
Fazenda São Jorge, Guriri, Inhambu, Jacutinga, Minimum Exploratory Programme (MEP) ANP Bidding Round in 2013 and is currently in
Lagoa Bonita, Lagoa Suruaca, Mariricu, commitments to be fulfilled. the 1st Exploratory Period and with the Mini-
Mariricu Norte, Rio Itaúnas, Rio Preto, Rio Petrobras, December 27 2021 mum Exploratory Programme (MEP) commit-
Preto Oeste, Rio Preto Sul, Rio São Mateus, São ments already fully met. Petrobras holds 100%
Mateus, São Mateus Leste, Seriema and Tabuiaiá Petrobras reports interest in the concession.
, which are located in the state of Espírito Santo, Petrobras, December 20 2021
in the cities of São Mateus, Jaguaré, Linhares on shelf registration
and Conceição da Barra. Petrobras is the oper-
ator with 100% interest of these concessions. Petrobras announces that today it completed POLICY
The average production of Cricaré Cluster from the renewal of its shelf registration with the US
January to November of 2021 was around 1,300 Securities and Exchange Commission. The shelf Petrobras reports on
bpd of oil and 15,400 cubic metres per day of gas. registration allows Petrobras to offer securities
Petrobras, December 29 2021 in the US capital markets in an agile and com- preliminary injunctions
prehensive manner, taking advantage of market
Petrobras on asset opportunities, with the objective of reducing on gas contracts
costs and facilitating the management of its debt.
sale in Potiguar basin tion of the obligations set forth in an agreement date, of preliminary decisions rendered by the
Petrobras informs that it was notified, on this
The current renewal occurs after the comple-
Petrobras, following up on the releases disclosed with the US Department of Justice (DOJ), as Court of Justice of the State of Rio de Janeiro that
on July 9, 2021 and August 9, 2021, informs that disclosed to the market on October 4, 2021, and determined the maintenance of the conditions
today it signed a contract with Aguila Energia e which allows Petrobras to return to the status of of the contracts entered into between Petrobras
Participações Ltda (Aguila) for the assignment, frequent issuer, called Well-Known Seasoned and state distributors (CEG and CEG RIO),
together with Sonangol Hidrocarbonetos Bra- Issuer (WKSI), which made it possible for such which will expire on December 31, 2021, pre-
sil Ltda (Sonangol), of the total interest of both registration to be granted automatically, allow- venting the adjustment of prices to the current
companies in the onshore exploratory block ing greater flexibility to the company’s eventual reality of the gas industry as of January 1, 2022.
POT-T-794, belonging to the BT-POT-55A con- offers in the future. The shelf registration is valid
cession, located in the Potiguar Basin, in the state for 3 years.
of Rio Grande do Norte. Petrobras, December 22 2021
The sale amount is BN 750 thousand, being
(a) BN 150 thousand paid on this date and; (b) Petrobras on sale of E&P
BN 600 thousand to be paid at the closing of
the transaction. The amounts do not consider asset in Paraná basin
adjustments due until the closing of the transac-
tion, which is subject to compliance with certain Petrobras, following up on the release disclosed
conditions precedent, such as approval by the on March 8, 2021, informs that it signed today
National Petroleum, Natural Gas and Biofuels with Ubuntu Engenharia e Serviços Ltda a

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