{"id":384696,"date":"2020-11-19T05:20:05","date_gmt":"2020-11-19T10:20:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384696"},"modified":"2020-11-19T05:20:05","modified_gmt":"2020-11-19T10:20:05","slug":"petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/","title":{"rendered":"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields"},"content":{"rendered":"

<\/p>\n

PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields<\/b><\/p>\n

RIO DE JANEIRO–(BUSINESS WIRE<\/a>)–
\nPetro Rio S.A. (the \u201cCompany\u201d or \u201cPetroRio\u201d) (B3: PRIO3), following best corporate governance practices, informs its shareholders and the market in general the signing of an agreement with BP Energy do Brasil Ltda. for the acquisition of interests of 35.7% in the BM-C-30 Block (\u201cWahoo\u201d or \u201cWahoo Field\u201d) and 60% in the BM-C-32 Block (\u201cItaipu\u201d or \u201cItaipu Field\u201d), thus, subject to the necessary approvals, becoming the operator of both pre-salt fields.\n<\/p>\n

\nWahoo, with production potential of over 140 million barrels (100% of Wahoo), had oil discoveries in 2008 and carried out formation tests in 2010, and fits precisely in the Company\u2019s value generation strategy. The Wahoo development will allow the Company to create another production cluster, which will share all infrastructure with Frade Field (including the FPSO), enabling the capture of synergies, resulting in significant and sustainable lifting cost reduction, while maintaining high levels of safety and efficiency.\n<\/p>\n

Click here<\/a> to access the document.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201119005588\/en\/<\/a><\/span><\/p>\n

\nJose Gustavo Costa
\n
ri@petroriosa.com.br <\/a><\/p>\n

KEYWORDS:<\/b> Ireland United Kingdom Europe Brazil South America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Energy Professional Services Oil\/Gas Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields RIO DE JANEIRO–(BUSINESS WIRE)– Petro Rio S.A. (the \u201cCompany\u201d or \u201cPetroRio\u201d) (B3: PRIO3), following best corporate governance practices, informs its shareholders and the market in general the signing of an agreement with BP Energy do Brasil Ltda. for the acquisition of interests of 35.7% in the BM-C-30 Block (\u201cWahoo\u201d or \u201cWahoo Field\u201d) and 60% in the BM-C-32 Block (\u201cItaipu\u201d or \u201cItaipu Field\u201d), thus, subject to the necessary approvals, becoming the operator of both pre-salt fields. Wahoo, with production potential of over 140 million barrels (100% of Wahoo), had oil discoveries in 2008 and carried out formation tests in 2010, and fits precisely in the Company\u2019s value generation strategy. … <\/p>\n

Continue reading “PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-384696","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields RIO DE JANEIRO–(BUSINESS WIRE)– Petro Rio S.A. (the \u201cCompany\u201d or \u201cPetroRio\u201d) (B3: PRIO3), following best corporate governance practices, informs its shareholders and the market in general the signing of an agreement with BP Energy do Brasil Ltda. for the acquisition of interests of 35.7% in the BM-C-30 Block (\u201cWahoo\u201d or \u201cWahoo Field\u201d) and 60% in the BM-C-32 Block (\u201cItaipu\u201d or \u201cItaipu Field\u201d), thus, subject to the necessary approvals, becoming the operator of both pre-salt fields. Wahoo, with production potential of over 140 million barrels (100% of Wahoo), had oil discoveries in 2008 and carried out formation tests in 2010, and fits precisely in the Company\u2019s value generation strategy. … Continue reading "PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-19T10:20:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201119005588r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields\",\"datePublished\":\"2020-11-19T10:20:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\\\/\"},\"wordCount\":217,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201119005588r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\\\/\",\"name\":\"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201119005588r1&sid=flmnd&distro=nx&lang=en\",\"datePublished\":\"2020-11-19T10:20:05+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201119005588r1&sid=flmnd&distro=nx&lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201119005588r1&sid=flmnd&distro=nx&lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/","og_locale":"en_US","og_type":"article","og_title":"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields - Market Newsdesk","og_description":"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields RIO DE JANEIRO–(BUSINESS WIRE)– Petro Rio S.A. (the \u201cCompany\u201d or \u201cPetroRio\u201d) (B3: PRIO3), following best corporate governance practices, informs its shareholders and the market in general the signing of an agreement with BP Energy do Brasil Ltda. for the acquisition of interests of 35.7% in the BM-C-30 Block (\u201cWahoo\u201d or \u201cWahoo Field\u201d) and 60% in the BM-C-32 Block (\u201cItaipu\u201d or \u201cItaipu Field\u201d), thus, subject to the necessary approvals, becoming the operator of both pre-salt fields. Wahoo, with production potential of over 140 million barrels (100% of Wahoo), had oil discoveries in 2008 and carried out formation tests in 2010, and fits precisely in the Company\u2019s value generation strategy. … Continue reading \"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-19T10:20:05+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201119005588r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields","datePublished":"2020-11-19T10:20:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/"},"wordCount":217,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201119005588r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/","name":"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201119005588r1&sid=flmnd&distro=nx&lang=en","datePublished":"2020-11-19T10:20:05+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201119005588r1&sid=flmnd&distro=nx&lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201119005588r1&sid=flmnd&distro=nx&lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/petrorio-announces-the-acquisition-of-interest-in-the-wahoo-and-itaipu-fields\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"PetroRio Announces the Acquisition of Interest in the Wahoo and Itaipu Fields"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/384696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=384696"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/384696\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=384696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=384696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=384696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}