Growth • PetroReconcavo

RECV3

Petrorecôncavo S.A. is an independent oil and gas operator focused on acquiring, developing, and revitalizing mature onshore fields in Brazil. The company's business model is vertically integrated, comprising the direct operation of production fields and the provision of oil services, such as drilling and well intervention, through its subsidiaries. The company's main activities are concentrated in two basins: the Recôncavo Basin, where the Bahia Terra Hub operates, and the Potiguar Basin, with the Potiguar Asset. Petrorecônica's production consists of oil and natural gas, which are sold to refineries and distributors. The company's strategy focuses on increasing production and optimizing the recovery of reserves in fields already in production, applying its technical knowledge and cost structure.