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Petro Rio

#2627

Rank

$5.48B

Marketcap

BR Brazil

Country

Petro Rio
Leadership team

Mr. Roberto Bernardes Monteiro (CEO, Investor Relations Officer, Director & Member of Management Board)

Mr. Milton Salgado Rangel Neto (CFO & Member of Management Board)

Mr. Francisco Francilmar Fernandes (COO & Member of Management Board)

Products/ Services
Energy, Oil and Gas
Headquarters
Rio De Janeiro, Rio de Janeiro, Brazil
Established
2009
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
PRIO3.SA
Social Media
Overview
Location
Summary
Petro Rio S.A., together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro. The company also holds interest in the Manati Field that comprises approximately 76 square kilometres located in the Camumu Basin, on the coast of the State of Bahia. In addition, it imports, exports, refines, sells, and distributes oil, natural gas, fuels, and oil by-products; engages in the generation, sale, and distribution of electric power, as well as holds interests in other companies. The company was formerly known as HRT Participações em Petróleo S.A. and changed its name to Petro Rio S.A. in June 2015. Petro Rio S.A. was incorporated in 2009 and is headquartered in Rio de Janeiro, Brazil.
History

Petro Rio was founded in 1979 as a private oil company with the purpose to explore and produce oil and gas from the Campos Basin, located off the coast of Rio de Janeiro state. Petro Rio entered the Stock Exchange of Rio de Janeiro (“BM&FBOVESPA”) in 1999, becoming a publicly held company. In 2004, Petro Rio acquired the BP group's assets, which granted it the control over six exploration blocks located in the Campos Basin.

Vision
Petro Rio’s vision is to be a leader in the exploration and production of oil and gas in Brazil, offering solutions that create value and promote sustainability.
Key Team

Rafael Goncalves Sierra (Accountant)

Mr. Jose Gustavo Costa Jr. (Investor Relations Mang.)

Mr. Alex Tavares Mendonca (Sec.)

Recognition and Awards
Petro Rio has won numerous awards and is considered one of the best Brazilian oil and gas companies for its performance in exploration and production. In 2014 and 2015, Petro Rio was awarded the Brazilian Petroleum Institute's award for “Excellence in Exploration and Production of Oil and Gas.”
References
Petro Rio
Leadership team

Mr. Roberto Bernardes Monteiro (CEO, Investor Relations Officer, Director & Member of Management Board)

Mr. Milton Salgado Rangel Neto (CFO & Member of Management Board)

Mr. Francisco Francilmar Fernandes (COO & Member of Management Board)

Products/ Services
Energy, Oil and Gas
Headquarters
Rio De Janeiro, Rio de Janeiro, Brazil
Established
2009
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
PRIO3.SA
Social Media