Petrobras: on the sale of exploration assets in the Potiguar Basin 16 August 2022


Petrobras on the sale of exploration assets in the Potiguar Basin

Rio de Janeiro, August 16, 2022 – Petróleo Brasileiro SA – Petrobras informs that it has entered the opportunity disclosure phase (teaser), regarding the sale of 40% of its interest in the BM-POT-17 exploratory concessions, in which the Discovery Pitu well evaluation plan is being developed (blocks POT-M-853 and POT-M-855), and the concession POT-M-762_R15 (block POT-M-762), located in deep waters in the Potiguar Basin – Equatorial Margin – off Rio Grande do Norte. Petrobras currently owns 100% of the shares of these concessions and will continue to be the operator of the partnership after the sale.

The teaser, which includes key information about the opportunity, as well as eligibility criteria for selecting potential participants, is available on the Petrobras Investor Relations website:

Further key project milestones will be communicated to the market in due course.

This disclosure is in accordance with the internal rules of Petrobras and the provisions of the special procedure for the transfer of the rights of exploration, development and production of petroleum, natural gas and other fluid hydrocarbons, provided for in Decree 9.355/2018.

The search for partnership in these assets is aligned with the strategy of portfolio management and the improvement of the allocation of capital of the company, aiming at the maximization of value and a better return for society.

About Assets

POT-M-853and POT-M-855blocks: the exploration blocks were acquired on 7e National Petroleum Agency (ANP) call for tenders in 2006. Petrobras currently owns 100% of the shares and leads the Discovery Assessment Plan of the Pitu well, with a firm commitment to drill an exploration well (Pitu Oeste well) planned for 2023.

POT-M-762to block: the exploration block was acquired on 15e The ANP tender in 2018 and Petrobras holds a 100% stake. Petrobras plans to drill the Anhangá well (Anhangá Exploratory Opportunity) between 2023 and 2024.

This material is provided in accordance with Brazilian regulatory requirements, does not constitute an offer under United States securities laws, and is not a solicitation, invitation, or offer to buy or sell securities. Information on our website is not and should not be considered part of this report on Form 6-K.

For more information:

PETRÓLEO BRASILEIRO SA – PETROBRAS | Investor Relations Email: [email protected]/[email protected] Av. Henrique Valadares, 28 – 19th floor – 20031-030 – Rio de Janeiro, RJ. Such. : 55 (21) 3224-1510/9947 | 0800-282-1540

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (the Trading Act) which reflect the expectations of the Company’s managers. . The terms “plans”, “believes”, “expects”, “predicts”, “intends”, “plans”, “projects”, “aims”, “should” and other similar terms, refer to identify such forecasts, which manifestly involve risks or uncertainties, whether or not foreseen by the Company. Accordingly, the future results of the Company’s operations may differ from current expectations, and the reader should not rely solely on the information contained herein.


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