Law 12.351/2010 established Petrobras as the sole operator of areas under the production sharing regime. This law was amended by Law 13.365/2016, which removed the Company’s obligation to act as sole operator in such areas, whereas the legislator has granted preferential rights to acquire a minimum 30% stake in consortia and the possibility to operate them.
Petrobras informs that became aware today of the decision by the 2nd Federal District Court (Sergipe state) that granted an injunction to suspend the transfer of Petrobras’ stake in the BM-S-8 exploration block ("Carcará Field") to Statoil Brasil Óleo e Gás Ltda. and the exploration of the field by the purchaser, until further court deliberation.
Petrobras informs that its total production of oil and natural gas in March was 2.74 million barrels of oil equivalent per day (boed), of which, 2.61 million boed produced in Brazil and 130,000 boed produced abroad.
Petrobras informs that the rating agency Moody’s upgraded the company’s corporate debt rating to B1 from B2 and changed the outlook to positive from stable.
Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, reports that it was notified by BlackRock, Inc. ("BlackRock") that the latter has acquired preferred shares issued by the company and as of April 4th, 2017 it manages share interests of approximately 5,00% of preferred shares issued by Petrobras, thus qualifying as a relevant holder of shares in the company’s capital stock, as per the information below.
Petrobras informs that the Brazilian Administrative Board of Tax Appeals (CARF) issued yesterday a decision on an administrative tax procedure that upholds taxation, for the purposes of calculating the Income Tax of Legal Entities (IRPJ) and the Social Contribution on Net Profits (CSLL) for the 2009 period, of the profit earned by a company's Dutch subsidiary, in the approximate amount of R$ 1.5 billion.
Petrobras affirms that there are no negotiations in progress for partnerships with the North American company Exxon Mobil.
Petrobras informs that it concluded today the sale transaction announced on September 23, 2016, of 90% of the company's shares in Nova Transportadora do Sudeste ("NTS") to Nova Infraestrutura Fundo de Investimentos em Participações ("FIP"), managed by Brookfield Brasil Asset Management Investmentos Ltda, an entity affiliated with Brookfield Asset Management.
Petrobras informs that Consortium BM-S-11 received, on March 30th, 2017, a notice issued by the National Petroleum, Natural Gas and Biofuels Agency - ANP, regarding Lula Field, Santos Basin pre-salt, in the amount of R$ 2.6 billion.
Petrobras announces that, on March 30, 2017, the United States District Court for the District of Columbia granted in part Petrobras’s preliminary defense (motion to dismiss) in the lawsuit filed by funds of the EIG Group, related to its investment in Sete Brasil Participações S.A.("Sete Brasil").