BRAVA ENERGIA Announces Papa Terra Production

Source: www.gulfoilandgas.com 9/5/2024, Location: South America

BRAVA ENERGIA (“BRAVA”), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that production at the Papa Terra Field was halted on the night of September 4th, due to a ANP request for information regarding the platform's operating systems.

Production at the field was resumed on August 29, 2024, after a scheduled stoppage for maintenance as part of a campaign to revitalize equipment, which began in May 2024, aiming to improve the asset's efficiency, reliability and operational safety.

Since the resumption of operations, production from the Papa Terra Field has stabilized at around 15,000 barrels of oil equivalent per day through six wells (PPT-12, PPT-16, PPT-17, PPT-22, PPT-37 and PPT-50). The PPT-51 well is under intervention to replace the pump.

The Company will keep the market and investors in general informed about the expected return to operations.


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