Newo Equipamentos has been cleared to transfer a 50% interest to NTF OleÃ³ e Gas Ltda in the Itaparica block, 22 sq km in the onshore RecÃ´ncavo held under marginal field terms.Â  Newo retains 50% + operatorship.
Newo Equipamentos (->50% op) tranfered 50% working interest in the Itaparica block to NTF Oleo e Gas.