On 9 March 2020, Petrobras reported it signed a sales agreement with Eagle Exploracao de Oleo e Gas Ltda for the Tucano Sul cluster of four producing gas fields in the onshore Tucano Basin that includes the Conceicao, Fazenda Matinha, Fazenda Santa Rosa, and Querera production concessions.  The total consideration for the sale is USD 3.01 million which is to be paid in two installments, USD 602,000 on 9 March 2020 and USD 2.41 million on the official closing date of the transaction which is pending various governmental approvals.  On 9 July 2019, Petrobras published its teaser to sell the Tucano Sul cluster of four producing gas fields in the onshore Tucano Basin.  Interested companies must submit the customary manifestation of interest by 19 July 2019 and qualification documents by 23 July 2019 to onshorebrazil@itaubba.com.The sale will also include the shared production installations for oil and gas processing and delivery to sales. Petrobras holds 100% working interest in all of the production concession contracts.
Petrobras has agreed to sell a quartet of onshore natural gas fields (Conceicao, Fazenda Matinha, Fazenda Santa Rosa and Querera) to local company Eagle for US$3 MM.