Rosneft Brazil takes full control of Solimoes Basin oilfields

Rosneft Brazil is to buy PetroRio’s 55% stake in the Amazonian Solimoes Basin oilfields by the middle of the year, it announced today. The Rosneft subsidiary already owns 45% of the 41,500 km² site which has  estimated recoverable reserves of 1,400 bpd and  of 45,000m³ of natural gas. 

Source: Izvestia