Petro-Victory is acquiring a 50% interest in 5 yet-undisclosed onshore explo blocks in the Espirito Santo Basin from Imetame for ab. USD 440,000. Imetame will remain operator. This deal tags onto last monthâs (DEA 5 Sep) acquisition of 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). All deals require ANP approval.
Brazil, Alto Alegre