(Petrobras, 8.May.2016) – Petrobras, regarding the sale of its stake in Petrobras Argentina, as disclosed in the Material Fact on February 3, 2016, would like to announce that negotiations with Pampa Energia are ongoing, extending the period of exclusivity for another 30 days to complete negotiations.
Petrobras reiterates that this transaction is still subject to its final terms and conditions being approved by the Petrobras Executive Board and Board of Directors as well as the appropriate regulatory agencies.
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