Petro-Victory has agreed to acquire interests in 4 onshore oilfields from Empresa de Engenharia de PetrÃ³leo for USD 1.6 MM, namely Andorinha + Alto Alegre in the Potiguar Basin (100%), Carapitanga in the Sergipe-Alagoas Basin (50% non-op) and SÃ£o JoÃ£o in the Barreirinhas Basin (50% non-op). The deals require ANP approval.
Brazil, Alto Alegre