Business Strategy

In order to build a new Brazilian independent E&P company Barra Energia has adopted the following strategy:

  • Focus on proven petroleum provinces, specifically Southeastern offshore basins

  • Target high growth opportunities in new pre-salt (early entrant) and mature post-salt (development of upsides) plays

  • Pursue a balanced portfolio of exploration and development

  • Access to acreage through farm-ins, bid rounds, acquisitions and strategic partnerships

  • Continue strong relationships with stakeholders including ANP, petroleum and services companies and Brazil´s government and community

  • Take advantage of the capital commitment from the investors to be positioned as one of few mid-cap Brazilian independent E&P companies