PetroRio S.A. (PRIO) developed by DeGolyer & MacNaughton (D&M) engages in the exploration, development, production, distribution, and sale of oil and natural gas. The company has operations in the Solimões Sedimentary basin, State of Amazonas and in Namibia, West coast of Africa. PRIO has a portfolio of 34 onshore and offshore blocks, out of which 19 are onshore blocks in the Solimões Basin, in which the Group holds 55% interest in exploration rights.
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The company has not participated in any projects.
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PetroRio (PRIO) has announced its acquisition of the Petrobras oil field. The transaction was valued at US$2 billion. The portfolio involves the acquisition of Petrobras' entire stake in a...
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