Petro Rio: Declarion of Commerciality of Wahoo

Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), following best corporate governance practices, informs its shareholders and the market in general that, on this date, it has filed with the National Petroleum Agency (“ANP”) the Declaration of Commerciality of the Wahoo discovery, as well as the Development Plan in exclusive operations.

The Wahoo discovery is located at the C-M-101 Block, and has 126 million barrels of recoverable oil (1C), as per the reserve certification report issued on 01/01/2021 by D&M. 

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