BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that the Board of Directors recommended, on December 17, 2024, the hiring of a financial advisor to support the Company in evaluating potential partnership transactions or asset sales.
The analysis of potential transactions and the hiring of a financial advisor to support the process is a result of Brava’s strategic plan review following the incorporation of Enauta by the Company and aims to evaluate opportunities for portfolio optimization and maximize shareholder returns.
In addition, as the beginning of the portfolio optimization strategy, the Company informs that has signed on this date an exclusivity agreement with Azevedo e Travassos S. A. (“A&T”) and Petro-Victory Energy Corp. (“PVE”) for the potential sale of oil and gas concessions in Rio Grande do Norte. The agreement provides for an exclusive period of 30 days for negotiation of the final documents. The perimeter of the possible transaction comprises 11 oil and gas concessions located in the Potiguar Basin, in the state of Rio Grande do Norte, which recorded an average daily production of approximately 250 barrels of oil equivalent in the period between January and November 2024.
Finally, Brava reinforces its commitment to keep its investors and the market in general properly informed, in line with best corporate governance practices and in strict compliance with current legislation.
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