New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 26, 2012
18:33 EDTPBROGX acquires Petrobras' 40% stake in BS-4 block for $270M
OGX Petroleo e Gas Participacoes S.A. announced that it has entered into an agreement with Petrobras (PBR) to acquire a 40% participating interest in Block BS-4, located in the Santos Basin. The remaining concession rights for Block BS-4 belong to a consortium formed by Queiroz Galvao Exploracao e Producao SA, which holds the operatorship and a 30% participating interest, and Barra Energia do Brasil Petroleo e Gas Ltda., which also holds a 30% participating interest. These stakes remain unchanged. The acquisition price for OGX's 40% stake in the Block BS-4 was $270M.
News For PBR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 30, 2015
19:45 EDTPBRRolls-Royce scrutinized in Petrobras bribery investigation, Guardian says
Subscribe for More Information
August 28, 2015
17:34 EDTPBRPetrobras files automatic mixed securities shelf
Subscribe for More Information
August 27, 2015
12:38 EDTPBRPetrobras management tells board to postpone unit IPO, Reuters says
Subscribe for More Information
August 19, 2015
06:09 EDTPBRPetrobras CEO attempts to set company on new path, WSJ reports
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use