3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”), following best practices in corporate governance and transparency, informs its investors and the market in general the preliminary unaudited production data for November 2021 in the assets that the Company holds participation.
(1) Refers to 3R’s participation in Macau Cluster concessions after discounting Galp’s 50% stake in Sanhaçu field. On August 18, 2021, 3R entered into an agreement for the acquisition of the portion belonging to Galp in Sanhaçu field, which is in transition process with ANP.
(2) Refers to the 35% interest held by 3R in Pescada Cluster concessions.
(3) 3R took over the operation of Rio Ventura Cluster on July 15, 2021.
(4) After the acquisition of Duna Energia, 3R renamed as Areia Branca Cluster the production from Ponta do Mel and Redonda fields. 3R took over the operation of Areia Branca Cluster on November 1, 2021.
The Company is the operator of Macau, Areia Branca and Rio Ventura Clusters and holds a 35% stake in Pescada Cluster, the latter operated by Petrobras. The consolidated average daily production of the four clusters mentioned above totaled 9,235 barrels of oil equivalent (boe) in November 2021. Of this total, the portion referring to 3R’s stake reached an average daily production of 7,907 barrels of oil equivalent.
The production data referring to: (i) 100% of the Fazenda Belém Cluster, (ii) 100% of the Recôncavo Cluster, (iii) 70% of Peroá Cluster and (iv) 43,75% of Papa-Terra Cluster will be incorporated into this report as soon as the transition processes with Petrobras are concluded and approved by the ANP.