SPE Fazenda Belém’s $35.2 Million Acquisition of Fazenda Belém Cluster Exploration Rights

Campos Mello Advogados (DLA Piper) and Machado Meyer advised on the transaction

3R Petroleum e Participações, through SPE Fazenda Belém executed the acquisition of Fazenda Belém Cluster Exploration Rights from Petróleo Brasileiro S.A.

3R Petroleum e Participacoes Ltda – controlled by Starboard Asset – operates as an oil and gas company. The Company focuses on exploration and production of oil and gas properties. 3R Petroleum e Participacoes offers its services in Brazil and Latin America.

Campos Mello (DLA Piper) advised 3R Petroleum e Participações S.A. with a team including Marcus Vinicius Bitencourt (Picture), David Meiler, Barbara Bitencourt and Taciana Furlan.

Machado Meyer advised Petrobras on the deal.

Involved fees earner: Marcus Vinicius Bitencourt – Campos Mello Advogados; Barbara Bitencourt – Campos Mello Advogados; David Meiler – Campos Mello Advogados;

Law Firms: Campos Mello Advogados;

Clients: 3R Petroleum e Participacoes Ltda;

Author: Ambrogio Visconti.