Pursuant to Rule 13a-16 or 15d-16 of the
20031-912 - Rio de Janeiro, RJ
Federative Republic of Brazil
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
This report on Form 6-K is incorporated by reference in the Registration
Statement on Form F-3 of Petróleo Brasileiro -- Petrobras (No. 333-163665).
Sale of interest in BS-4 block
Rio de Janeiro, November 26, 2012 – Petróleo Brasileiro S.A. – Petrobras has sold 40% of its interest in the BS-4’s Concession, located in the Santos Basin, which includes Atlanta and Oliva fields, to OGX Petróleo e Gás Participações S.A.
The two companies have executed a Farmout Agreement and Petrobras will receive a total of US$ 270 million for the operation.
The deal is subject to approval by the National Petroleum, Natural Gas and Biofuels Agency (ANP).
Queiroz Galvão Exploração e Produção S.A. will remain as the operator for the concession, with a 30% interest, and Barra Energia do Brasil Petróleo e Gás Ltda. will also uphold its 30% interest.
This is the first asset sale under Petrobras divestment program, which is part of the 2012-2016 Business and Management Plan.
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PETRÓLEO BRASILEIRO S.A--PETROBRAS | ||
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By: |
/S/ Almir Guilherme Barbassa
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Almir Guilherme Barbassa
Chief Financial Officer and Investor Relations Officer |
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