HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Feb.2025) — Brava Energia S.A. and the consortium formed by Azevedo e Travassos Petróleo S.A. (A&T) and Petro-Victory Energy Corp. (PVE) signed a contract on 7 Feb. 2025 for the sale of 11 onshore oil and gas concessions located in the Potiguar Basin, in the state of Rio Grande do Norte.
The concessions that form the perimeter of the transaction recorded average daily production of 250 barrels per day of oil equivalent (boe/d) in 2024, Brava said 10 Feb. 2025 in an official stmt.