With new acquisitions, PetroRio shares advance

PetroRio announced that it has purchased FPSO OSX-03 along with an 80% stake in the Tubarão Martelo field, where the structure is located. Because of this, the company's shares are trading with appreciation on Tuesday (4). In the afternoon, the assets (PRIO3) advanced 5.67%, going to R$ 50.57.

"The two businesses will generate significant synergies, cost reduction, extension of the economic life of the two fields and smaller emissions in the face of the integrated operation," said PetroRio President Nelson Queiroz Tanure.

According to the company, the acquisitions will allow integration between the Octopus and Tubarão Martelo fields, both located in the Campos Basin. In addition, they could reach about $15 per barrel, resulting in a predicted increase in asset economic life.

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