Dommo and Enauta end disputes for block BS-4

An agreement between Dommo Energia and oil company Enauta Energia ended the dispute between the two companies over the BS-4 block. The agreement determines the withdrawal to proceed with arbitration and judicial disputes relating to a participation in the bloc.

Thus, it was defined that the rights, ownership and interests of Dommo in block BS-4 are transferred to Enauta Energia retroactively, since October 11, 2017, in the proportion of 20%. The information is from Dommo Energia itself, in a statement to the market on Thursday (29).

"The parties have approved that all ongoing disputes will be closed, including the dispute regarding the approval of the BOARD of DIRECTORS of THE NATIONAL AGENCY OF PETROLEUM, Natural Gas and Biofuels) on the transfer of Dommo's stake in BS-4," the company said.

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