BRAVA Energia recorded an 80% increase in production in the first quarter of 2025, compared to the previous quarter, with an average of 71,057 barrels per day. The company’s oil production was 58,751 barrels per day during the period, while natural gas production amounted to 12,306 barrels of oil equivalent per day.

The production data for March 2025 were as follows:

The FPSO Atlanta operated at efficiency levels above the expectations for a testing phase (production began in December/2024), with two wells producing as planned. The connection of two other wells is expected to be completed before the end of April.

At Papa-Terra, the March results were affected by scheduled days of reduced flow, a measure that enables the optimization of systems that will show greater resilience to the asset’s operations during the year.

The Potiguar Complex performed within the expected fluctuations in March, as the company implements well reactivation projects and expands steam injection in fields producing heavy oil. The Recôncavo Complex registered stable performance in March, compared to the previous month, maintaining a high level of operational efficiency, supported by the addition of wells at the beginning of 2025.

BRAVA also reported that, by the end of March 2025, the operator had obtained authorization from the ANP (National Agency for Petroleum, Natural Gas and Biofuels) to resume operations at the Manati field, which is expected to occur later in April. The company holds a non-operational 45% stake in Manati.