Ouro Preto Energia Onshore S.A signed a contract to acquire Reconcavo Cluster from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) for $250 million on December 17, 2020.The Cluster comprises the onshore fields of Aratu, Ilha de Bimbarra, Mapele, Massui, Candeias, Cexis, Socorro, Dom João, Dom João Mar, Pariri, Socorro Extensão, São Domingos, Cambacica and Guanambi, located in the state of Bahia. Petrobras is the operator with 100% interest in these concessions, with the exception of Cambacica and Guanambi, in which it holds a majority interest of 75% and 80%, respectively. The sale value is $250 million, being $10 million paid today; and $240 million at the closing of the transaction. The amounts do not take into account the adjustments due and the closing of the transaction is subject to compliance with previous conditions, such as approval by the National Agency of Petroleum, Natural Gas and Biofuels.

Ouro Preto Energia Onshore S.A. completed the acquisition of Recôncavo Cluster of Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) on May 10, 2022.