On 9 July 2020, Petrobras issued a press release indicating it close the sale with OP Pescada Oleo e Gas Ltda (a 100% owned subsidiary of Ouro Preto Oleo e Gas SA) for 65% operating working interest in the Pescada, Arabaiana and Dentao fields in the shallow waters of the Potiguar Basin.  Petrobras indicated the sale value was USD 1.5 million and that OP Pescada Oleo e Gas Ltda will pay USD 300 thousand at signing of the transaction, and USD 1.2 million at closing of the transaction, not considering the adjustments due. The closing of the transaction is pending regulatory approvals from the Conselho Administrativo de Defesa Economica (CADE) and the Agencia Nacional do Petroleo (ANP).  Petrobras holds 65% working interest in the Pescada, Arabaiana and Dentao production concessions and OP Pescada Oleo e Gas Ltda holds the remaining 35%.  On 28 July 2017 Petrobras issued a press release indicating that it was offering for potential sale and assignment 30 production concessions in six separate packages or poles on the shelf in the Campos, Ceara, Potiguar, Santos, and Sergipe-Alagoas basins. The company also published the marketing teaser for the proposed six packages.          General information of   the fields sold by Petrobras in the Potiguar Basin             Field Name         Water Depth (m)         Avg. API gravity         Field sqkm         Disc Date Year         Prod Start Date         Avg. 2020 oil and/or   cond. to 5/31/2020 bbls/day         Avg. 2020 gas to   5/31/2020 Mcfg/day         No. producing wells   (5/2020)             Arabaiana         25         47         11.55         1986         06-Aug-2002         65         2,745         1             Dentao         20         40.2         2.53         1983         15-Aug-2002         0         0         Shut-in             Pescada         18         42         18.54         1980         05-Jun-1999         197         3,900         6             TOTALS         Â          Â          Â          Â          Â          262         6,645         7             Source: IHS Markit                              Â©   2020 IHS Markit
Brazil (Potiguar B.) Pescada op. by PETROBRAS (65%), OURO PRETO (35%), Petrobras issued a press release indicating it close the sale with OP Pescada Oleo e Gas Ltda (a 100% owned subsidiary of Ouro Preto Oleo e Gas SA) for 65% operating working interest in the Pescada, Arabaiana and Dentao fields