BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, in relation to the news published in the media on January 6, 2025, in the “Economic Radar” column of “Veja Negócios” entitled “Brava Energia doubles production with surprise in the Atlanta Field”, clarifies to its investors and the market in general that:
(i) the two new wells in production in Atlanta are still in the stabilization process and recorded production of approximately 23 thousand barrels of oil equivalent in the last 24 hours, in line with the Company’s expectations; and
(ii) as disclosed in the Company’s 3Q24 earnings presentation, the connection of the four remaining wells in Atlanta, which previously produced through the Petrojarl FPSO, will occur in two stages, the first (wells 4H and 5H) scheduled for completion at the end of the first quarter of 2025 and the second (wells 2H and 3H) scheduled for completion at the end of the second quarter of 2025. To date, there is no forecast to anticipate this schedule.
BRAVA reinforces that updates on the Company’s operational performance and production will be addressed in the Production Report, monthly published by the Company.
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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